Ben Smith's expectations for ramping up operations

Old Apr 18, 20, 11:08 am
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CEO and Chairman of Schiphol Group, Dick Benschop, thinks it will take until 2023 - at the earliest - for Schiphol to get back to pre-Corona traffic numbers
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Old Apr 18, 20, 12:51 pm
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Post Covid-19 social distance hysteria will make it very difficult for airlines to operate. People will stay scared. Only when a vaccin is found and available people hopefully will return to be the social creature we are. Without that we people will stay ackwardly distanced.
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Old Apr 18, 20, 9:59 pm
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Originally Posted by San Gottardo

What about the fact that governments may allow people to go to work, travel, etc - but people don't do it because they are afraid? Some countries currently discuss giving employees a right to refuse to work but continue to be paid. When that happens the economy will not pick up not because of restrictions but because of fear. That wil lhave a direct impact on how of their previous capacities airlines will re-activate.
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Important point for the coming months.
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Old Apr 20, 20, 2:50 pm
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Today received a mail from Peter Elbers - CEO of KLM about the (near) future. Vague and underlining the uncertainties and the relative importance of the health issues compared to the business.

But the final paragraph - quickly translated by google was the following :

I am convinced that this crisis can bring about a positive change in aviation. I see innovation in the area of sanitation and hygiene on board, but also in screening processes at airports and redefining personal space. We will soon consider these developments as the new standard. We work hard with our customers, authorities, airports and partners to create an improved KLM experience. KLM will emerge stronger from this crisis: goal-oriented, socially responsible and sustainable.
Not sure if I am smoking the same stuff he is....
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Old Apr 20, 20, 3:32 pm
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He surely has the same ideas as those guys: https://www.thesun.co.uk/travel/1140...al-distancing/

Looking forward !
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Old Apr 20, 20, 5:18 pm
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I am convinced that this crisis can bring about a positive change in aviation. I see innovation in the area of sanitation and hygiene on board, but also in screening processes at airports and redefining personal space. We will soon consider these developments as the new standard. We work hard with our customers, authorities, airports and partners to create an improved KLM experience. KLM will emerge stronger from this crisis: goal-oriented, socially responsible and sustainable.
Sounds like a threat

Originally Posted by Carpacchio
He surely has the same ideas as those guys: https://www.thesun.co.uk/travel/1140...al-distancing/

Looking forward !
Can you walk with it into the sea?
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Old Apr 21, 20, 4:48 am
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https://www.connexionfrance.com/Fren...posals-are-mad

AirFrance expects to run 30% capacity in July.
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Old Apr 23, 20, 9:09 am
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slightly OT: Ben Smith gives up bonus

Finally after lots of controversy surrounding his bonus, it will be scrapped for this year - which is the correct thing to do in the first place under current circumstances without any doubt. (same discussion although resolved quite quickly was the bonus of Pieter Elbers couple of days ago)
https://www.reuters.com/article/us-a...-idUSKCN2252AC

Would have not helped if this was not resolved with current situation where they are not refunding monies to customer due to current cancellations....

Cheers!
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Old Apr 23, 20, 2:10 pm
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Originally Posted by nldogbert
Finally after lots of controversy surrounding his bonus, it will be scrapped for this year - which is the correct thing to do in the first place under current circumstances without any doubt. (same discussion although resolved quite quickly was the bonus of Pieter Elbers couple of days ago)
https://www.reuters.com/article/us-a...-idUSKCN2252AC

Would have not helped if this was not resolved with current situation where they are not refunding monies to customer due to current cancellations....

Cheers!
I didn't hear any controversy about B. Smith bonus. All the controversies I heard about were about P. Elbers bonus.
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Old Apr 23, 20, 9:58 pm
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AF-KL to now get USD10.7 Billion from French and Netherland Governments in bailout. Last time I heard it was closer to $6 billion.

https://www.nytimes.com/reuters/2020...rance-klm.html
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Old Apr 23, 20, 11:29 pm
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I also admire all the optimistic CEOs.

My two cents as armchair CEO in favour of the economy rather than health (also biased because of my age) is that we will never see again the world of travel like we knew it. And that us travelers have to get used to live with the SARS-CoV-2 like us with a sexual life had to get used to live with HIV almost 40 years ago, and still continue to do so.
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Old Apr 23, 20, 11:53 pm
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Originally Posted by adambrau
AF-KL to now get USD10.7 Billion from French and Netherland Governments in bailout. Last time I heard it was closer to $6 billion.

https://www.nytimes.com/reuters/2020...rance-klm.html
Part of it is in the form of a 90% State guarantee of bank loan, rather than direct Government cash injection.
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Old Apr 24, 20, 12:02 am
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Originally Posted by bodory
I also admire all the optimistic CEOs.

My two cents as armchair CEO in favour of the economy rather than health (also biased because of my age) is that we will never see again the world of travel like we knew it. And that us travelers have to get used to live with the SARS-CoV-2 like us with a sexual life had to get used to live with HIV almost 40 years ago, and still continue to do so.
A mask is more visible than a condom. But I have seen some pretty good looking ones.
bodory likes this.
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Old Apr 24, 20, 2:20 am
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Originally Posted by maxvor
Sounds like a threat
Are "Economy Comfort" and "Extra Legroom Seats" a threat?

Afterall, they redefined personal space on board...
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Old Apr 24, 20, 4:10 am
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Originally Posted by Goldorak
I didn't hear any controversy about B. Smith bonus. All the controversies I heard about were about P. Elbers bonus.
Well there was, as a bonus was tied to how Ben would lead AF-KL through the crisis with a direct link to the financial position of AF-KL and how much financial support he would be able to get from the French and Dutch governments, meaning that the more financial support he would be able to get, the higher his bonus would be.

It makes no sense to pay out bonuses to top management of companies who are receiving financial support from governments imho...
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