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Indiaexportnews.com

FL Group now a major shareholder in American Airlines

  23.02.2007    

The Icelandic FL Group, a major shareholder in Bang & Olufsen and Royal Unibrew, is now the biggest shareholder in American Airlines, states a report from the company.
Since the end of December, FL Group has acquired more shares in American Airlines' parent company AME Corp. and increased its ownership share from 5.98 per cent to 8.63 per cent of share capital.
FL Group has considerable experience with airlines and already has a 22.4 per cent shareholding in Finnair. FL Group also formerly owned Sterling Airlines.



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