KLM has sold its 9% interest in TUI Nederland to the German parent TUI Group for €7.25 million ($8.19 million), earning KLM a €5.6 million profit. The Dutch flag carrier had acquired the stake in 1996, the result of a merger of Arke and Holland International, in which TUI Group held 91% stake and KLM the remainder via its interest in Holland International.

Source: Flight International