Air France-KLM shareholders insist on a female director for a new board position following an agreement to sell shares to Delta Airlines and China Eastern.
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Shareholders of Air France-KLM agreed on Monday to deepen its cooperation with Delta Air Lines and China Eastern, but shareholders also insisted that the company chooses a female for one of its newly created board positions.
The French-Dutch airline agreed to sell 10% of shares to the other two airlines, giving it a total of €750m in new capital. In exchange, Delta and China Eastern will each get a seat on the supervisory board.
However, since the quota agreed by the company that 40% of its supervisory board should be female, shareholders voted to appoint an additional female director.
Meanwhile, the proportion of Dutch boardroom r
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