In a filing with the AMF, JP Morgan Chase & Co declared that it crossed below the 5% share capital threshold in Air France-KLM on June 5. This move, executed indirectly through its controlled subsidiaries, followed a disposal of shares on the open market.

As a result of this transaction, the U.S. bank specified that it indirectly holds 12,403,563 Air France-KLM shares representing an equivalent number of voting rights, or 4.72% of the share capital and 3.31% of the voting rights of the Franco-Dutch carrier.