Air France-KLM can sell back Virgin Atlantic shares over Brexit

Air France-KLM has the right to sell the 31% stake it has acquired in Virgin Atlantic back to Virgin Group in the event that a hard Brexit inhibits the UK airline’s ability to operate. Speaking to FlightGlobal at a press briefing in Paris today, Air France-KLM finance chief Frederic Gagey said that there was a […]
Source: http://www.ncairways.co/aviation/air-france-klm-can-sell-back-virgin-atlantic-shares-over-brexit/