Company Watch - Air France KLM.Oct 1, 2007 Air France Air France in full Compagnie Internationale Air France French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jean-Cyril Spinetta has stated several times that the group is "studying" the Iberia dossier. Earlier this week, British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. CEO Willie Walsh Willie Walsh (born in 1961) is an Irish airline executive. He is currently the Chief Executive Officer of British Airways and is a former Chief Executive of Aer Lingus Early life Walsh was born in Dublin, Ireland. He attended his local secondary school Ardscoil Rís. told this website at the Routes Leaders Forum in Stockholm that BA is leading a consortium that itself is conducting due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. on Iberia. Sep 27, 2007 Air France KLM is preparing to launch a bid for Iberia in conjunction with several Spanish companies, Madrid's Expansion newspaper reported. The consortium likely would include investment firm Torreal and publishing house Grupo Planeta, which currently is the largest shareholder in Vueling Airlines Vueling Airlines is a low-fare airline based in Barcelona, Spain. It serves many destinations in Europe and the western Mediterranean. Its main base is Barcelona Airport, with additional hubs at Valencia Airport, Madrid Airport and Paris-Charles de Gaulle International Airport. . The AF KLM offer would keep 51% of Iberia in Spanish hands, allowing it to maintain its traffic rights for non-EU and US routes. Sep 27, 2007 Air France KLM is studying taking advantage of new transatlantic travel rules to launch direct US flights from London. Air France KLM did not say whether they meant Heathrow Airport, where travel to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. is dominated by British Airways, Virgin Atlantic, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the and United Airlines. Air France KLM CEO Spinetta said he expected the top 10 airlines in 2025 to include Chinese groups, Indian companies This is a list of major companies based in India. Please note that the list is highly incomplete and does not have every company of all sizes. More information about the companies can be found in the links to the company articles. A
Air France KLM refused to take part in an auction this year for the Italian state's near 50 percent stake in Alitalia which found no buyers. Air France KLM has since said it would listen to any fresh proposal from Alitalia. CEO Spinetta told La Tribune on Sept. 24 he expected Prato to look for "an industrial or financial partner, or both" but no contact had taken place yet. He did not rule out Air France KLM taking stakes in airlines outside Europe. Sep 25, 2007 Air France KLM's head was quoted on Sept. 24 as saying he expected talks on a possible alliance with Alitalia to start next month. In an interview with La Tribune newspaper, Jean-Cyril Spinetta said also a new phase of synergies would start soon in Air France's own merger with KLM and that the airline had to be ready to take stakes in rival operators outside Europe. He affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. Air France KLM would not do a deal with Alitalia or Spain's Iberia, which it is also eyeing, unless it was "strongly creative" of value. Sep 25, 2007 A rival bid for Iberia could still emerge from Air France KLM, which is talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to" lecture, speech rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to Spanish investment firms Torreal and Inversiones Hemisferio, controlled by business entrepreneurs Juan Abello and Jose Manuel Lara respectively, one source familiar with the situation said. However, Air France's possible interest in ailing Italian airline Alitalia is delaying a decision on whether to launch a bid for Iberia, the source said. Sep 28, 2007 Air France has in the past not ruled out being interested in Iberia and has looked from a distance at Alitalia. It has also previously said that struggling Alitalia should be privatized and restored to financial health before it would consider making an offer, and it refused to take part in an Italian government auction that flopped earlier this year. Sep 28, 2007 Air France KLM is planning to team up with two Spanish firms to bid for Spain's Iberia against a group led by private equity group TPG TPG Texas Pacific Group TPG Tapping TPG Transports Publics Genevois (Geneva, Switzerland public transportation) TPG Test Pattern Generator TPG TNT Post Group TPG Trésorier Payeur Général , Expansion newspaper said on Sept. 26. The Air France KLM offer would keep 51 percent of Iberia in Spanish hands, allowing the airline to keep flying certain routes in Spain and abroad, the newspaper reported. Sep 26, 2007 Air France KLM said the expansion and bid for Spain's Iberia would bring on board two Spanish family investment vehicles -- Torreal, which belongs to Juan Abello, and Planeta, owned by the Lara family, the lead shareholder in Barcelona-based airline Vueling. Planeta declined to comment. Torreal was not immediately available to comment. In July, the airline said it might be interested in Iberia. TPG, in a consortium with British Airways and Spanish firms Ibersuizas, Vista Capital and Quercus Equity, has been talking to Iberia management for months and has made an indicative offer of 3.60 euros a share. Iberia stock closed at 3.25 euros on Sept. 25. Sep 26, 2007 Air France KLM will only consider making a bid for Spain's Iberia or Italy's Alitalia if the deal meets its target of an 8.5 percent return on capital after tax by 2009-2010, an airline executive said on Friday. Speaking at the autumn conference of brokerage Cheuvreux, Chief Financial Officer Philippe Calavia repeated that European consolidation was necessary. Air France added that the level of forward bookings for the next three months remained good and confirmed its current year outlook. Calavia said in a statement that unit revenues for the second quarter "should show a further rise year-on-year, while the improvement in the cargo division is continuing." Sep 28, 2007 The first of six ex-Air France Boeing 747-200Fs is about to enter service with Italian cargo airline This article is about the general type of air carrier. For the Israeli cargo airline, see CAL Cargo Air Lines. Cargo airlines (or airfreight carriers, and derivatives of these names) are airlines dedicated to the transport of cargo. Ocean Airlines. Sep 28, 2007 KLM will launch daily Amsterdam-Dallas/Ft. Worth service aboard A330-200s from March 30. Sep 28, 2007 KLM Royal Dutch Airlines, in cooperation with its joint venture partner Northwest Airlines, today announced that it will begin daily nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP. service between Dallas-Fort Worth and Amsterdam, the Netherlands, beginning on March 30, 2008. Sep 27, 2007 Northwest extends reach by forging alliances with other carriers. For 10 years, Northwest Airlines has reaped benefits from a partnership and profit-splitting deal with KLM Royal Dutch Airlines. Now the carrier is reaching out to other airlines in a bid to expand its reach without trying to do the work alone. "We are comfortable knowing that we are never going to fly our own airplanes to every single place around the globe that our people want to go," said Nathaniel Pieper, Northwest's vice president of alliances. Sep 28, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new real-time service that keeps travelers informed on flight and airport status, delays, security wait times via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group. All rights reserved. |
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