Air France-KLM Launches a Unit to Churn Out Travel Startups

Air France/KLM Group debuted on Wednesday a fledgling seed fund and coaching effort to help create projects that will tackle leisure and business travel problems and possibly spawn tomorrow’s superstar businesses. BigBlank, the group’s new subsidiary, plans to start projects with entrepreneurs and help those projects morph into startups. It will provide seed fundings of up to $900,000 (€800,000) a project.