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French Government sells part of its stake in the group Air France-Klm

Paris, France - 17,7 per cent has been sold to the market, another 7-8 per cent share would be soon sold to the group's employees

French Government announced yesterday that it sold 17,7 per cent of its share in the group Air France-Klm, by underlining that another 7-8 per cent share would be soon sold to the group's employees, presumably by February, 2005. Herve Gaymard, French Minister for Economy and Finance, said that the profits of the operations will be used to reduce the public debt. French state's participation in the...

AVIONEWS - World Aeronautical Press Agency - 109566

AVIONEWS - World Aeronautical Press Agency
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