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China Eastern buys 10 percent Air France KLM stake

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Staff Writer | July 28, 2017
China Eastern Airlines said it will buy a 10 percent stake in Air France KLM and form a strategic partnership to improve its presence in the China-Europe market.
China Eastern Airlines
Airline   One Belt, One Road
The 375 million euros ($438 million) investment in Air France KLM is compatible with China's "One Belt, One Road" trade initiative, the Shanghai-based airline said in a statement.

"The parties will work together to build the China-Europe main routes market," China Eastern said.


 

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