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Air France and KLM to create new company.

Publication: Europe Intelligence Wire

Publication Date: 30-SEP-03
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COPYRIGHT 2003 Financial Times Ltd.

(From Airline Industry Information)

Air France will reportedly take over KLM Royal Dutch Airlines via a share swap deal, which will create Europe's largest airline.

It has reportedly been confirmed that the French carrier will take a 37% stake in a new holding company called Air France-KLM, while KLM...

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