Musical Shares Between Delta, Air France, And Virgin Atlanticby Sam Helmy
It seems that we could see some major changes coming to the transatlantic market after various ownership announcements with Delta, Air France, and partner airlines. First, Delta announced that they will be taking a 10% stake in Air France KLM for €375 million. Second, Air France-KLM announced they were buying a 31% stake in Virgin Atlantic for £220 million. And last, China Eastern is buying a 10% stake in Air France-KLM for €375 million. So where could all these changes lead?