France sells Air France stake to raise money.
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
In an effort to raise at least EUR700m, France was selling almost half its stake in Air France KLM today (9 December).
The French finance minister Herve Gaymard said that the proceeds from the sale will go towards
The sale is expected to leave the French government as the owner of about 25% of the former national airline. Air France took over Dutch airline KLM earlier this year.
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In addition, make sure to read these articles:
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- Air France-KLM reports stronger than expected results for Q2.
- Air France-KLM plans to delist fromNYSE.
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- Behind the Air France-KLM merger
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- Offer from Air France-KLM received by Alitalia - report.
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD The Air France-KLM Group has announced that two of its subsidiaries, France-based carrier Regional and KLM Cityhopper from Holland, ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD Air France-KLM has reported a stronger than expected Q2 operating profit. The airline group reported a 55.8% increase in ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD On 18 January, Air France-KLM revealed plans to de-list from the New York Stock Exchange (NYSE). The airline group ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Yesterday (22 November) Air France KLM reported a quarterly profit above expected with a 28% increase. The airline ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD On 17 December Air France-KLM gave details of its offer to buy Alitalia SpA. The offer includes a ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Air France-KLM has revealed that its passenger numbers for the month of July 2007 have increased by 6.8%. The ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD Airline group Air France-KLM is reportedly in talks with Spanish airline Iberia, Germany's Lufthansa and two British private equity ......
HEADNOTE A look at what the deal means for cargo shippers Air France (www.airfrance.com) moved quickly to close a deal that creates Europe's largest airline, ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD The Air France-KLM Group has placed orders with Boeing (NYSE: BA) for nine Boeing 777-300ERs and seven Next-Generation 737-700s....
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Air France-KLM has said that it is part of a European Commission investigation into anti-competitive behaviour. Reuters reported that ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD Air France KLM announced on Monday (7 March) its February 2005 traffic figures. The carrier said that its passenger ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD Air France-KLM has predicted that 2005 will be a "very good" year for earnings. The merged airline said that ......
AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Italian carrier Alitalia SPA has received a nonbinding letter of interest from Air France-KLM. Air France-KLM stated that ......
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