Apollo to invest €500m in Air France-KLM.

Apollo, an American global private equity firm, agreed to invest €500m in Air France-KLM, a Franco-Dutch airline holding company. “Apollo is pleased to continue to serve as a long-term strategic capital partner to Air France-KLM, indicative of our ability to provide custom capital solutions like this to some of the world’s leading companies. This transaction will help Air France-KLM execute on its strategy through a highly attractive investment. Our ability to structure creative, scaled solutions at a wide range of capital costs differentiates us from many other platforms and provides attractive investment opportunities for both affiliated and third-party insurers as well as other institutional clients,” Jamshid Ehsani, Apollo Partner.