A number of airlines have completed a series of transactions aimed at strengthening strategic partnerships. Did you know? China Eastern and Delta are each taking a 10% stake in Air France-KLM, which will in turn buy 31% of the UK's Virgin Atlantic. The deal is also expected to include an agreement for Lufthansa to take over British Airways, with both companies agreeing that they would share operational control of their respective routes.
A number of airlines have completed a series of transactions aimed at strengthening strategic partnerships. China Eastern and Delta are each taking a 10% stake in Air France-KLM, which will in turn buy 31% of the UK's Virgin Atlantic. The deal is also expected to include an agreement for Lufthansa to take over British Airways, with both companies agreeing that they would share operational control of their respective routes.