Thursday, July 2, 2015

KLM must be under pressure from revenues offer cutting flights – z24

Air France-KLM is now in fits and starts working on the low-cost activities under the banner of Transavia expand. But six years ago, the French-Dutch airline company is seriously considering taking a stake in easyJet., reports the French newspaper La Tribune based on several anonymous sources, writes Luchtvaartnieuws.nl. Founder and co-owner Stelios Haji-Ioannou was late 2008 and early 2009, clashed with the then management of the prize fighter. He was unhappy with the strategy and the fact that no dividend was paid to shareholders. The share value of easyJet was additionally reduced by 55 percent in 2008. The scenario that Air France-KLM was studied to the proportion of Stelios and his family & # x2013; a total of 38 percent of the company & # x2013; to take over 850 million euros, as reported by sources to La Tribune. That way, the company would have to enforce a substantial degree of control in British society. The value of Air France-KLM was then much bigger than easyJet. Never actually become very concretely is EasyJet plan never became recognize the sources quoted by La Tribune. It is only discussed in the Joint Executive Committee (JEC), the strategic body of the group, the top management of Air France-KLM brings together. Stelios ultimately never approached. & # X201C; The file was closed during a meeting in the Netherlands & # x201D.; Former chief executive Jean-Cyril Spinetta would have been in favor of the plan. Opponents were, alongside the then & # x2018; number two & # x2019; Pierre-Henri Gourgeon, the Dutch Leo van Wijk (vice-chairman of Air France-KLM) and Peter Hartman (CEO of KLM). Social unrest end it was the Dutch who did not want to continue the plan, so inform the French sources. & # X201C; They formed a block, they were all against & quot ;, according to La Tribune tells a person. The fear of social unrest at Air France-KLM and Air France in particular was the major cause of the rejection of the project. The French call another reason why the Dutch expansion of the group did not sit: the fear of losing their weight on the board of Air France-KLM. The Dutch were also reluctant to take a stake in Alitalia and later in approaching airberlin. & # X201C; They were unwilling to take strategic steps & # x201D ;, it sounds. Missed opportunity? By La Tribune that & # XeF; nterviewde find sources deleting the easyJet plan a & quot; lost opportunity & quot ;. But there are also question marks. & # X201C; Of course it would be good to eat today of the same board as easyJet. But what it would have cost us? What would have been the social reaction? & # X201D ;, says one source, referring to the enormous impact of the recent strike by Air France to the European budget plans with subsidiary Transavia. One consolation for Air France-KLM is far from certain whether Stelios its share & # XFC; berhaupt to Air France-KLM had wanted to sell. To this day, he and his family accounted for nearly 37 percent owned. Read more news about the aviation sector Luchtvaartnieuws.nl

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. <-! Are we on single press release ->

KLM reduces the number of flights in its winter schedule in an effort to offset the falling revenue

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That made the Dutch airline announced Wednesday

KLM reduces the number. flights to ten destinations in Europe. Furthermore, it is less common than previously planned flown to destinations in Africa, Japan and Brazil. As a result, a total of about half a million fewer seats available in the winter season, which runs from October 25 to 26 March .

As the revenues continue to decline, especially in the European airline KLM should look to increase his savings. The company achieved earlier in this connection according to the cabin and ground unions on a new collective agreement.

However, the introduction of which is subject to an agreement with the pilots, who have not yet agreed. Because the savings in this area fails, KLM sees forced to cancel the flight offer

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