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Klm become full owner of Martinair

Rome, Italy - The Dutch flag carrier has already held a 50% stake for many years

"With effect of 31 December 2008 , KLM Royal Dutch Airlines will have full ownership of Martinair. KLM and the A.P. Moller - Maersk Group have agreed on the sale of A.P. Moller – Maersk Group’s 50% stake in Martinair to KLM, which transaction was cleared by the European Commission yesterday. KLM has already held a 50% stake in Martinair for many years. With this acquisition, KLM aims to strengthen its...

fra/pec - 1097878
Rome, Italy, 12/18/2008 11:50
AVIONEWS - World Aeronautical Press Agency

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