Air France-KLM has the right to sell the 31% stake it has acquired in Virgin Atlantic back to Virgin Group in the event that a hard Brexit inhibits the UK airline's ability to operate. Air France-KLM finance chief Frederic Gagey said that there was a clause in the agreement under which it bought the Virgin Atlantic stake that stipulates that it can under certain conditions insist that Virgin Group takes the stake back. "Suppose that one day we need absolutely Virgin Atlantic being UK – UK capital, UK equity, UK voting rights... due to a new regulation. There is the possibility to look at all the solutions. And if ultimately there is no solution there is a commitment by Virgin Group to buy back the shares," says Gagey. <br/>