press release
04 Dicembre 2019 - 09:21AM
press release
Roissy, 4 December 2019
On 21 November 2019, Air France-KLM, Delta Air
Lines and Virgin Atlantic welcomed the U.S. Department of
Transportation’s decision to grant them Antitrust Immunity
(ATI) in the framework of the extension of the transatlantic
joint venture. This was the final regulatory step for the airlines
to move forward with their alliance.
In parallel, the partners finalized the
expanded joint venture’s governance agreeing on simplified decision
making processes that will enable the joint-venture to deliver its
full synergy potential. Air France-KLM and Virgin have considered
that Air France-KLM's acquisition of a stake in Virgin Atlantic is
no longer necessary and are negotiating an agreement whereby Air
France-KLM will not acquire a stake in Virgin Atlantic, without any
impact on Air France-KLM’s position in the commercial Delta -Virgin
Atlantic- Air France-KLM joint venture.
Air France-KLM will pursue its ambitious
investment plan to regain its leadership position and will continue
final preparations towards the launch of the expanded
trans-Atlantic joint venture in the coming weeks.
This partnership is key to strengthen the Group’s leadership
position between Europe and North America and will offer its
customers the best streamlined travel experience across the
Atlantic.
Investor
relations
Press
Olivier
Gall
Wouter van
Beek
+33 1 49 89 52 59
+33 1 49 89 52
60
+33 1 41 56 56 00
olgall@airfranceklm.com
wouter-van.beek@airfranceklm.com
Website: www.airfranceklm.com
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