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KLM signs agreement with MAS; Finnair to launch new corporate identity; Aer Lingus declines

Analysis

Air France-KLM (+1.2%) rose with the majority of European airline shares on Wednesday (22-Dec-2010) after KLM and Malaysia Airlines announced they have signed an MoU to investigate closer links. The carriers plan to further strengthen their relationship which has been in place over the past 11 years. The aim is to offer greater connectivity, better schedules and more choice for their passengers. Malaysia Airlines and KLM operate daily Amsterdam-Kuala Lumpur flights.

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