Air France-KLM announces the completion of the capital increases reserved to China Eastern Airlines and Delta Air Lines. The 75,054,820 related new shares have been admitted to the regulated market of Euronext Paris and Amsterdam. These capital increases, announced on 27 July 2017, have been approved by the General meeting of shareholders on 4 September 2017.
Each of China Eastern Airlines and Delta Airlines now holds 10% of Air France-KLM’s share capital and has consequently one director representing it at Air France-KLM’s board of directors.
Air France-KLM does realize today a further major strengthening of its strategic partnerships with its new shareholders China Eastern Airlines and Delta Airlines. This operation is an integral part of the Trust Together project, allowing Air France-KLM to regain the offensive, to reinforce its commercial integration with its principal partners and to continue improving its financial structure.