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KLM WANTS TO BUY MAJORITY OF MARTINAIR

AMSTERDAM, KLM is trying to obtain the approval to take over the majority of the Martinair from the European Commission. Martinair is a dutch charter company, of which KLM actually owns a 50% stake. The other half of the carrier is owned by the Nedlloyd society. KLM tried to conclude this operation already in 1999, but the European Commission opposed the takeover saying KLM would have achieved an...

AVIONEWS - World Aeronautical Press Agency - 9942
Rome, Italy, 03/21/2001 15:12
AVIONEWS - World Aeronautical Press Agency

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