Air France A380
Air France-KLM has finalized the sale of 49.99% of catering firm Servair to Chinese conglomerate HNA Group and raised a further €201 million ($211.4 million) by selling a 1.13% stake in Amadeus. HNA Group is buying the Servair shares to support its recent acquisition of major airline catering firm Gategroup, which was transferred to HNA Dec. 22. Following the Servair agreement, which was finalized Dec. 28, Air France will hand operational control of Servair to Gategroup. The deal ...
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