FlyerTalk Forums - View Single Post - Dutch State raises stake from 5.9% to near 13%
Old Mar 1, 2019, 3:50 am
  #42  
irishguy28
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Originally Posted by San Gottardo
  • Pieter Elbers and Ben Smith don't like each other, and there was a possibility of PE's CEO-ship of KLM not being renewed, which people in the Netherlands were concerned about >> not an issue anymore, PE has been re-appointed as CEO of KLM, and is Deputy CEO of the group.
Les Echos reported yesterday that Elber's reappointment may not yet be a done deal in the light of the Dutch government's actions...

Originally Posted by Les Echos
Selon nos informations, Bercy serait même prêt à bloquer la convocation de l'assemblée générale des actionnaires d'Air France-KLM, prévue en avril et qui doit notamment reconduire le mandat du président de KLM, Pieter Elbers, pour contraindre les Néerlandais à revenir à de meilleurs sentiments.

Originally Posted by San Gottardo
So what's the actual problem, beyond all the blessed feelings and the posturing?
The problem is that KLM jumped into the marriage a few years after being jilted at the altar by BA. KLM was going through a rough patch and they needed a lifeline - any lifeline. (There was also a failed merger attempt with Alitalia around the same time but that's one they probably should never have contemplated)


Marry in haste...repent at leisure.

Tensions have always been present:
AF-KL tensions reach new high?
Joint Dutch-French study says AF-KLM is a failure


The Independent - British Airways and KLM abandon £4bn merger talks

Willie Walsh still rues not doing the deal with KLM - and supports Elbers at KLM.

Last edited by irishguy28; Mar 1, 2019 at 4:01 am
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