Air France-KLM says buying stake in Virgin Atlantic not necessary

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFB30LE_L.jpg

PARIS (Reuters) – Airline group Air France-KLM (PA:) said on Wednesday it was not necessary to buy a stake in Virgin Atlantic to expand a transatlantic joint venture with Virgin Atlantic and Delta Air Lines (N:).

Air France-KLM also said in a statement it would continue final preparations toward the launch of the expanded joint venture in the coming weeks.

“This partnership is key to strengthen the group’s leadership position between Europe and North America”, Air France-KLM added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.