Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Air France-KLM: Accor postpones the purchase of 14% of the shares

The hotelier should have taken over the part of the French State

At the beginning of June the hotelier Accor -the biggest hotel's owner in Europe- had announced that it wanted to buy the 14% share of France in Air France-KLM, in an operation that would have cost about 430 million euros and it would serve as an alliance between airlines and hoteliers to increase synergies between these two sectors.At the moment, however -as reported by "Financial Times"- the plan...

M/A - 1213139
Paris, France, 07/26/2018 13:02
AVIONEWS - World Aeronautical Press Agency

AirlinesAirplanes and people. Air France continues to lose management figures

The human resources manager resigns

An internal e-mail from the French press announced the resignation of Air France's human resources manager Gilles Gateau, who will be replaced ad interim by Patrice Tizon. A new problem for the CEO of... more

AirlinesAircraft. Air France: appointment to interim Smith managing director

The French finance minister excludes a short-term sale of the shares

Benjamin Smith, in addition to being the managing director of the Air France-KLM Group, will also be at the top of the French carrier for a period of transition, after the former CEO Franck Terner has... more

AirlinesAir France-KLM. Smith: "France next to sell its shares"

The exit of the French State opens the door to the entrance of Accor

The new CEO of Air France-KLM Benjamin Smith announced the French will to sell 14% of shares owned by what is one of the world's leading aviation groups. The French will was confirmed by President Emmanuel... more

Similar

AirlinesGatwick (2). The terminal has also reopened to passengers

The post on X confirms it

The London-Gatwick Airport company has published a post on X that confirms: "The earlier security alert has now been resolved and cleared by police. The South Terminal is reopening to staff and will be... more

AirlinesLOT Polish Airlines adds Malta to its European route network

Inaugural flight in April 2025 four times a week

LOT Polish Airlines, a member of Star Alliance, is continuing the expansion of its European route network and will start serving Malta from Spring 2025. Following the inaugural flight on 16th April 2025,... more

AirlinesEuropean aviation sector calls for dedicated industrial strategy

To help achieve Net‑Zero by 2050

The European aviation industry has sent an open letter to the EU institutions and Member States urging them to prioritise aviation's decarbonisation through a dedicated Industrial Strategy as part of the... more