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Company Watch - Air France KLM.


Jan 8, 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
 and Alitalia each own a 2 percent stake in the other. Air France declined to comment on the launch of the tender. Italian carriers Meridiana and Eurofly declined to comment on whether or not they would bid. Detailed requirements for Alitalia's buyers, such as maintaining minimum levels of service and national coverage, will be specified at a later stage, the Treasury said. Italy plans to conclude the process within six months, Economy Minister Tommaso Padoa-Schioppa said earlier this month. Should the competitive bidding Competitive bidding

A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.


competitive bidding

1.
 process fail, Italy may also use a public offer or share swaps to cede its Alitalia stake, the Treasury said. It reiterated it would pick the winning bid based on its economic offer and the ability of its industrial plan to "develop and relaunch Relaunch can refer to several things:
  • , a series of novels set in the Star Trek universe
  • Relaunch (process), is a marketing process in which a brand or product (such as a magazine or a car) is relaunched
" the ailing airline. Jan 2, 2007

KLM KLM Kaiserliche Marine (Enigma: Rising Tide game)
KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines)
KLM Klub Langer Menschen (German: Tall Person Club) 
 will invest more than [euro]100 million ($132.5 million) in the next two years to equip some 130 aircraft with a "fresher, more modern interior." It also will repaint Re`paint´   

v. t. 1. To paint anew or again; as, to repaint a house; to repaint the ground of a picture. s>

Verb 1.
 the Fokkers flying for KLM cityhopper KLM Cityhopper is the regional airline subsidiary KLM based in Amsterdam, the Netherlands. It operates international services within Europe. It is based at Schiphol Airport, Amsterdam.  in the mainline livery. New Koito lie-flat seats, which boast on-demand entertainment and in-seat power, will be installed in World Business Class aboard KLM's 22 747-400s and 10 MD-11s, bringing them in line with its new 777s and A330s. TV screens aboard 747s will be replaced with Matsushita/Panasonic LCD screens. Economy seats in the MD-11 fleet will be renewed and eventually equipped with on-demand IFE Ife (ē`fā), city (1991 est. pop. 262,000), SW Nigeria. Located in a farm region, the city is an important center for marketing and shipping cacao. According to tradition, Ife is the oldest Yoruba town (founded c.1300). . Interiors will be reconfigured from 2-4-3 to 3-3-3 seating. Jan 4, 2007

KLM's 45-strong 737 fleet already has been fitted with new interiors and its 18 737-800s/-900s have been equipped with the lighter Recaro 3510 seat. The relatively new seats removed from the 737NGs will be installed on 22 of 27 737-300s/-400s, with the remaining five getting the Recaro seat. In addition, the Europe Select cabin will be standardized by adjusting seat configuration aboard the -900s to match the 3-3 layout of the -300s, -400s and -800s. Jan 4, 2007

KLM cityhopper's fleet will be revamped, although the carrier is looking to replace the 18 F50s and 21 F70s in operation. The 18 F100s, which recently were equipped with more modern air-conditioning systems, will remain in the fleet. KLM is hoping to add additional aircraft of this type. Jan 4, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Jan 1, 2007
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Publication:Airguide Online
Date:Jan 8, 2007
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