Air France KLM sells part of its Amadeus shareholding for €467 million

Air France KLM Group (AF-KLM) has sold about half of its 15.22% shareholding in Amadeus IT Holding, netting it €467 million ($627.5 million). The sale of 7.5% of its ownership in the travel technology and distribution company is surely part of its efforts to restore profitability. The Franco-Dutch...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.