TITLE

Air France set to seal KLM deal

AUTHOR(S)
Noakes, Gary
PUB. DATE
April 2004
SOURCE
Travel Trade Gazette UK & Ireland;4/12/2004, Issue 2609, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the plans of Air France to seal its merger with KLM. Impact of the merger on the formation of Europe's largest scheduled airlines; Agreement for both airlines to maintain their separate identities; Expectation to reap benefits from the combined buying power and dominate positions at two of Europe's key airports; Effect of the consolidation on the facilitation of Air France's efforts toward privatization; Division of percentage ownership; Clearance of the merger by regulatory officials in Brussels and Washington.
ACCESSION #
13040398

 

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