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Jet Airways to sell Netherlands business to KLM

Christian Fernsby |
Jet Airways said it had agreed to sell its assets in Netherlands to Dutch airline KLM.

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If the deal is finalised, it will only involve a sale of part of the company’s business and not impact the shareholding pattern, Jet said in a statement dated yesterday. It did not detail the assets held in Netherlands.

KLM, a part of Air France KLM, was once codeshare partners with the defunct airline and in the wake of Jet’s collapse had added flights to India.

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