Air France takes control of UTA and Air Inter

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Air France takes control of UTA and Air Inter

Air France takes control of UTA and Air Inter

Air France has just taken control of the majority of French air transport. By acquiring 55% of the private company UTA, it recovers lines to Asia and Africa. Already a leader on scheduled international routes, it takes the advantage over domestic air traffic by recovering the shares of Air Inter formerly held by UTA, which add to the 37% it already owned. Regarding the economic sector of charters, the airline Aeromaritime, subsidiary of UTA returns to the fold of Air France. These purchases amount to CHF 4 billion. The government is pleased to see the birth of such a national company in a very competitive market.

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File : Air France

Publication date : 12 January 1990

Reference:
I23339684
Credits:
Producteur: Antenne 2   -   Journalist : Carzou, Louis
Origin:
A2 Le Journal 20H   -   Producteur: Antenne 2
Licence:
Turnkey

Reference:I23339684

Credits:Journalist : Carzou, Louis

Licence:
Turnkey
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