28-Jul-2017 11:47 AM
Virgin Group retains 20% stake in Virgin Atlantic following Air France-KLM partnership
Virgin Group announced (27-Jul-2017) it will retain 20% ownership in Virgin Atlantic following Air France-KLM's 31% acquisition of the carrier. Virgin Group will retain the chairmanship of Virgin Atlantic and maintain its independence as a UK based carrier, operating under its own branding and livery and with a UK air operator's certificate. [more - original PR]