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Air France to become more privately-owned

Paris, France - Paris government to reduce its 54,4% stake

In its privatization strategy aiming to "make some cash", the French government is likely to sell a part of its 54,4% stake in Air France's capital. According to French Finances ministry, this move will allow the France's flag airline to both boost the renewal of its fleet and to strenghten its international alliances. Even though government has not yet revealed the amount of the shares it will sell,...

AVIONEWS - World Aeronautical Press Agency - 31512

AVIONEWS - World Aeronautical Press Agency
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