Air France merged with KLM in 2004, but the two flag carriers have retained their own brands, management structures and corporate cultures.Shares in Air France-KLM plummeted by as much as 15% this morning after the Dutch government’s surprise decision to buy a sizable chunk of the airline group.
The Dutch state already held a 5.9% stake in KLM, but lagged behind France for control at group level. The Hague is planning to lift its stake further in the coming weeks to match Paris’s 14.3% shareholding. Air France's lower profitability and recurring industrial disputes have been further bones of contention.
cc IndonesiaGaruda kepikir satu opsi untuk memperkuat diri di pasar eropa dengan codeshare yang tepat atau bahkan nanem saham di maskapai lain? Daripada direct flight ams/lhr, apa ga lebih profitable codeshare sama alitalia?
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Dutch take stake in Air France KLM to counter French influenceThe Dutch government will take a stake in Air France KLM equal to that of the Fr... Renault - Nissan 2.0 ? Good. France almost looks like a failed state compared to the efficiënt and successful Dutch. Let the Dutch run it
Source: Reuters - 🏆 2. / 97 Read more »
Air France KLM shares slump as Dutch eye up bigger stakeShares in Air France KLM fell sharply on Wednesday after the Dutch government sa... Great. This news is about 24 hours ago. Well done Reuters. 😂😂😂 Air France planes are look a bit tired! Is it time to rebrand everything either under the KLM or the Royal Dutch Airlines name & livery? airfrance KLM
Source: Reuters - 🏆 2. / 97 Read more »
Dutch activism could ground Air France recoveryThe Hague has snapped up 12 percent of the carrier to counter the influence of the French government and protect Dutch jobs. More state meddling may undermine new boss Ben Smith’s cost-cutting plan, and exacerbate tensions with French unions, raising the risk of more strikes.
Source: Breakingviews - 🏆 470. / 51 Read more »
Scientists Just Pulled CO2 From Air And Turned It Into CoalScientists have discovered a breakthrough technology, a way to pull CO2 from the atmosphere and turn it back into coal. This new discovery has the potential to change the way we think about CO2. Shut it down. We need those materials and recourses to construct high-speed rail! Or you could just plant trees. Just saying. Efficiency is key.
Source: Forbes - 🏆 394. / 53 Read more »
Here's Who May Be Teaching Your Airline Pilot To Fly: In Air Travel Boom, CAE SoarsRising global wealth and a retirement wave of greying aviators mean airlines need hundreds of thousands of new pilots over the next few decades. CEO Marc Parent has piloted CAE to become the world’s biggest flight instructor, putting the company in position for what could be a strong ascent.
Source: Forbes - 🏆 394. / 53 Read more »
Scientists Just Pulled CO2 From Air And Turned It Into CoalScientists have discovered a breakthrough technology, a way to pull CO2 from the atmosphere and turn it back into coal. This new discovery has the potential to change the way we think about CO2. Really? Path breaking!! Indeed!!! Here’s a better one. Scientists have already discovered a way to collect light from a star on solar panels and store it for use.
Source: Forbes - 🏆 394. / 53 Read more »
Here's Who May Be Teaching Your Airline Pilot To Fly: In Air Travel Boom, CAE SoarsRising global wealth and a retirement wave of greying aviators mean airlines need hundreds of thousands of new pilots over the next few decades. CEO Marc Parent has piloted CAE to become the world’s biggest flight instructor, putting the company in position for what could be a strong ascent.
Source: Forbes - 🏆 394. / 53 Read more »
Scientists Just Pulled CO2 From Air And Turned It Into CoalScientists have discovered a breakthrough technology, a way to pull CO2 from the atmosphere and turn it back into coal. This new discovery has the potential to change the way we think about CO2. Crazy stuff. Now we’re gonna run out of air gmukunda But … but … it'll just get burned again and go right back into the atmosphere, so I'm not sure what's the benefit here.
Source: Forbes - 🏆 394. / 53 Read more »
Pakistan says it shot down Indian jets, carried out air strikes in KashmirThe risk of conflict rose dramatically on Tuesday when India launched an air strike on what it said was a militant training base. They say they hate terrorists, but get really mad when you take them out for them. I think they both have nervous pilots that drop their loads early and run home.
Source: CNBC - 🏆 12. / 72 Read more »
Here's Who May Be Teaching Your Airline Pilot To Fly: In Air Travel Boom, CAE SoarsRising global wealth and a retirement wave of greying aviators mean airlines need hundreds of thousands of new pilots over the next few decades. CEO Marc Parent has piloted CAE to become the world’s biggest flight instructor, putting the company in position for what could be a strong ascent.
Source: Forbes - 🏆 394. / 53 Read more »