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Virgin Atlantic sells 31 percent stake to Air France

Air France has taken a big piece of Britain?s second-biggest long-haul airline, Virgin Atlantic.
DNA

Frontrunning: July 28

· ‘Skinny’ Repeal of Obamacare Fails (WSJ) · Bad News If You Make $150,000 to $300,000: Higher Taxes for Many (WSJ) · Senators Move to Block Trump From Ousting Sessions (WSJ) · Amazon’s..
Zero Hedge

Videos for "Air France"

News video: Sir Richard Branson gives up control of Virgin Atlantic amid Delta-Air France deal

Sir Richard Branson gives up control of Virgin Atlantic amid Delta-Air France deal 00:51

Sir Richard Branson has announced he will sell a 31% stake in Virgin Atlantic to Air France-KLM in a move that could bring an era of British aviation to an end.
Source: IBTimes US -

News video: Air France-KLM CFO Expects Good Summer Amid Good Market

Air France-KLM CFO Expects Good Summer Amid Good Market 04:22

Jul.28 -- Frederic Gagey, chief financial officer at Air France-KLM, discusses quarterly results, consolidation in the industry and their new low-cost carrier. He speaks on "Bloomberg Daybreak:..
Source: Bloomberg Global Business -

News video: Millennials are getting their own airline

Millennials are getting their own airline 00:41

Congratulations millennials! You are now getting your own airline. Air France announced a new airline called "Joon." Launching in September, the new airline will be “aimed at a young working..
Source: Wibbitz Studio -

News video: Air France to launch new lower-cost airline

Air France to launch new lower-cost airline 00:40

Air France says it will move forward with plans to launch a new lower-cost airline in the autumn, after the main pilots’ SNPL union gave its approval for the project. The plan dubbed “Boost” aims..
Source: Euronews English -

News video: Air France-KLM CEO Favors 'Open Frontiers'

Air France-KLM CEO Favors 'Open Frontiers' 11:20

Jul.08 -- Jean-Marc Janaillac, Air France-KLM CEO, talks about protectionist policies and says he's in favor of open frontiers. He spoke to Bloomberg's Caroline Connan in Aix-en-Provence, France.
Source: Bloomberg Global Business -

 

Air France-KLM reports 1H results


SeekingAlpha

Traveller24.com | Air France probes how passenger was put on wrong plane in boarding mishap

Air France on Thursday said it was investigating how a passenger was put on the wrong plane, travelling with a boarding pass bearing the same name as another passenger on that flight.
News24

Baggage handlers' union goes on strike at Canada's busiest airport

The workers, who service carriers including Air France, British Airways and holiday charters such as Sunwing airlines, work for aviation services firm Swissport and are represented by the Teamsters..
DNA

Ground workers strike at Toronto airport, Canada’s busiest

TORONTO (AP) — About 700 ground crew workers have gone on strike at Toronto’s airport, the busiest airline hub in Canada. The unionized workers at Pearson International Airport walked out Thursday..
Seattle Times

China Eastern Buys 10 Percent Air France KLM Stake

China Eastern said it would form a strategic partnership to improve its presence in the China-Europe market.
NYTimes.com

Business News Roundup, July 28

PG&E Corp., the parent company of Pacific Gas and Electric Co., reported Thursday that it nearly doubled its profit in the second quarter, the result of rate hikes approved by California regulators...
SFGate

Delta, Air France-KLM, Virgin Realign Transatlantic Joint Ventures

Delta Air Lines, Air France-KLM and Virgin Atlantic unveiled plans on Thursday to combine two overlapping transatlantic joint-ventures, cemented by $1 billion of equity deals as airlines brace for..
Newsmax

Branson gives up control of Virgin Atlantic

Far-reaching deal brings new investors into his UK carrier and Air France-KLM
FT.com

Branson sells stake in Virgin Atlantic in broader tie-up

LONDON (AP) — Richard Branson is selling his majority stake in Virgin Atlantic. The billionaire entrepreneur’s Virgin group announced Thursday that he was selling a 31 percent stake to Air..
Seattle Times Also reported by •Newsday

Air France Says Delta, China Eastern Each Acquiring 10% of Its Shares

Delta, Air France-KLM and China Eastern Airlines unveiled a series of share transactions, as carriers strengthen partnerships amid mounting competition on lucrative international routes.
Wall Street Journal

Blockbuster deal: Delta, Air France, KLM and Virgin Atlantic eye alliance

Richard Branson is giving up his controlling stake in Virgin Atlantic as part of a deal that would bring in Air France-KLM as a partner.
USATODAY.com

Delta deepens international footprint through $437 million joint venture with Air France-KLM

Delta Air Lines Inc. (NYSE: DAL) deepened its international footprint Thursday, announcing that it acquired 10 percent equity in a joint venture with the Air France-KLM Group. Delta said its €375..
bizjournals

Delta deepens tie with Air France-KLM


SeekingAlpha

MBLM Announces Travel Ranks Last for Brand Intimacy for Second Year

Brand Intimacy Agency Reveals Challenger Brand Southwest is Clear Leader among Airlines by Being Seen as Authentic New York, NY (PRWEB) July 26, 2017 MBLM, the Brand Intimacy Agency focused on..
PRWeb

Today in History for July 25th

Highlights of this day in history: Andrea Doria begins to sink after a collision in the North Atlantic; An Air France Concorde crashes outside Paris; First 'test-tube' baby born; Golfer Ben Hogan dies;..
USATODAY.com


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