Amadeusz Juskowiak

Klm to take 15 pct stake in air uk

KLM Royal Dutch Airlines KLMA said it agreed to take a 15 pct stake in Air UK Ltd a subsidiary of British and Commonwealth Shipping Plc BCOML in a transaction worth around two mln stg

A KLM spokesman said KLM already cooperated closely with Air UK which runs 111 flights a week to Amsterdams Schipol airport from nine UK cities

British and Commonwealth Shipping said last week it held preliminary talks about a KLM minority stake in Air UK But gave no further details KLM said it hoped the move would attract more British feeder traffic to Amsterdam Airport