Air France-KLM Group chairman and CEO Jean-Cyril Spinetta said he believes Delta Air Line’s 49% stake in Virgin Atlantic will help strengthen SkyTeam’s transatlantic joint venture (JV). Speaking at Air France-KLM’s annual results conference in Paris, Spinetta said: “Delta acquired 49% of Virgin by buying the stake held by Singapore Airlines. That will translate into a strengthening and consolidation of our competitive position there.” He highlighted the ...

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