AF staff vote down pay deal. Janaillac resigns. Benjamin Smith new CEO
May 17, 2018, 3:58 am
#76
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https://www.challenges.fr/entreprise...nce-klm_587610
Plus ça change...
Edit:
Summary : French Parliament did investigate very recently on Presstalis, the business in charge of press distribution in France. Presstalis also happens to have been run by Mrs Couderc, current AFKL interim CEO, between 2010 and 2017. The report is very harsh and highlights several issues re basic principles of financial management and how the subsidies were spent (193 M EUR were received between 2010 and 2017).
Did someone mention that Presstalis is a long time monopoly, saved countless times by French taxpayers and featuring rather complicated relations with the unions?
At least Mr Evain (leading SNPL at AF) seems satisfied to see Mrs Couderc as (interim) CEO:
Now we better know why
Plus ça change...
Edit:
Summary : French Parliament did investigate very recently on Presstalis, the business in charge of press distribution in France. Presstalis also happens to have been run by Mrs Couderc, current AFKL interim CEO, between 2010 and 2017. The report is very harsh and highlights several issues re basic principles of financial management and how the subsidies were spent (193 M EUR were received between 2010 and 2017).
Did someone mention that Presstalis is a long time monopoly, saved countless times by French taxpayers and featuring rather complicated relations with the unions?
At least Mr Evain (leading SNPL at AF) seems satisfied to see Mrs Couderc as (interim) CEO:
Now we better know why
Last edited by bodory; May 17, 2018 at 6:26 am
May 17, 2018, 7:06 am
#78
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May 17, 2018, 9:33 am
#79
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Originally Posted by Ticino;
Aren't the pilots saying ("Le mécanisme qui consiste pour le groupe AF/KLM à dévier une partie du flux de ses clients vers la base d’AMS pour éviter les taxes françaises, est la principale cause des moindres résultats d’Air France.") that some passengers are being "encouraged" to book through AMS because of lower Dutch taxes?point.
... funny
May 17, 2018, 12:18 pm
#80
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Jun 3, 2018, 12:38 pm
#81
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French press reports that hotel group ACCOR is willing to buy out the French state’s stake in AFKL.
(Can’t post a link right now but it was in the Figaro news flash)
(Can’t post a link right now but it was in the Figaro news flash)
Jun 3, 2018, 12:44 pm
#82
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Here is the article Accor prêt à racheter la part de l'État dans Air France-KLM, but access is limited to subscribers.
Another article (in French, from Les Echos) https://www.lesechos.fr/industrie-se...at-2180829.php
Another article (in French, from Les Echos) https://www.lesechos.fr/industrie-se...at-2180829.php
Jun 3, 2018, 1:38 pm
#83
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Here is the article Accor prêt à racheter la part de l'État dans Air France-KLM, but access is limited to subscribers.
Another article (in French, from Les Echos) https://www.lesechos.fr/industrie-se...at-2180829.php
Another article (in French, from Les Echos) https://www.lesechos.fr/industrie-se...at-2180829.php
that would be a big scoop.
thanks for sharing
Jun 4, 2018, 5:47 am
#84
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article on the Dutch News website (in English)
French hotels group Accor confirmed on Monday that it was in talks to acquire all or part of the French government’s 14.3% stake in Air France KLM. The French state stake in the Franco-Dutch airline is worth about €420m based on current share value.
Jun 4, 2018, 6:11 am
#85
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In my opinion, the concept that employees are "lazy" as long as the French state is a shareholder ... is the same kind of simple (senile) thinking that likely contributed to this year's ****-up. On the other hand, yes, if the French state is not able to manage, then it should perhaps stay away from that part.
Jun 4, 2018, 1:04 pm
#86
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In my opinion, the concept that employees are "lazy" as long as the French state is a shareholder ... is the same kind of simple (senile) thinking that likely contributed to this year's ****-up. On the other hand, yes, if the French state is not able to manage, then it should perhaps stay away from that part.
Jun 4, 2018, 2:26 pm
#87
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I have to disagree with that. Although the French state having a stake is not the origin of all AF problems and selling it will not be enough to cure the disease, there are a significant number of people who think there is no/limited need for change/reforms because the taxpayer will always pay and rescue them at the end. There is way too much influence of politics and French govt in AF affairs and selling the shares of the French state would be the best to do IMHO.
Jun 6, 2018, 5:16 am
#88
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But this thinking is not limited to the private sector, though. Have you ever seen a union in France that does not consider that, above a certain size, ultimate responsibility for everything always fall on the state and that, when negotiations do not progress to their liking with the employer, the next step is to get the government involved regardless of the private or public status of the employer?
Jun 6, 2018, 8:32 am
#89
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But this thinking is not limited to the private sector, though. Have you ever seen a union in France that does not consider that, above a certain size, ultimate responsibility for everything always fall on the state and that, when negotiations do not progress to their liking with the employer, the next step is to get the government involved regardless of the private or public status of the employer?
The problem is compounded at AF byt the fact that it is a former State company and that culture is still quite strong. It did not help that all AFKL CEOs were former French civil servants.
Even if the French state sells all its shares, it will keep a strong voice at the flag carrier.
By its own statutes AFKL board od directors has 3 members proposed by the French state (4 represent the employees):
Board of Directors | Air France KLM
And even if the French state had no representative on the Board, it will retain a strong influence as suggested by NickB.
Jun 7, 2018, 5:34 am
#90
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I admit that I am slowly starting to see some of your points - reading the occasional propaganda published (in French as a pdf) on the SNPL web site. Kind of depressing. You would think that it should still be possible to have normal discussions?