Air France-KLM says shopping for stake in Virgin Atlantic not vital

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Air France-KLM says shopping for stake in Virgin Atlantic not vital

PARIS, Dec 4 (Reuters) - Airline group Air France-KLM AIRF.PA mentioned on Wednesday it was not vit


PARIS, Dec 4 (Reuters)Airline group Air France-KLM AIRF.PA mentioned on Wednesday it was not vital to purchase a stake in Virgin Atlantic to develop a transatlantic three way partnership with Virgin Atlantic and Delta Air Traces DAL.N.

Air France-KLM additionally mentioned in an announcement it might proceed closing preparations in the direction of the launch of the expanded three way partnership within the coming weeks.

“This partnership is vital to strengthen the group’s management place between Europe and North America”, Air France-KLM added.

(Reporting by Sudip Kar-Gupta; Writing by Matthieu Protard; Modifying by Mark Potter)

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