FlyerTalk Forums - View Single Post - Dutch State raises stake from 5.9% to near 13%
Old Mar 1, 2019, 4:20 am
  #43  
Satie
 
Join Date: Feb 2013
Location: Valencia, Paris
Programs: FB Gold, IB Plus Plata
Posts: 164
Originally Posted by irishguy28
Les Echos reported yesterday that Elber's reappointment may not yet be a done deal in the light of the Dutch government's actions...






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
Willie Walsh still rues not doing the deal with KLM - and supports Elbers at KLM.
BA was not interested in a merger but in a acquisition of KLM. So KLM would have been the LX or OS of Lufthansa. A mere subsidiary with 0 independence
Satie is offline