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PARIS, Dec 4 (Reuters) – Air France-KLM said on Wednesday it had dropped plans to buy a stake in Virgin Atlantic as the two airline groups combine their transatlantic partnerships with Delta Air Lines into an expanded joint venture.
Under the three-way deal struck in 2017 and approved by U.S. regulators last month, Virgin had agreed to sell a 31% holding to Air France-KLM for 220 million pounds ($28
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