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Air France KLM considers tie-up with Iberia

17 July 2007

Air France KLM said it is looking at the possibility of a tie-up with Spanish airline Iberia, which is already a takeover target.

Air France KLM could team up with private equity company Apax in a consortium that was ready to bid 3.8 billion euros ($5.24 billion) for Iberia.

Air France KLM, the world’s biggest airline in terms of revenue, repeated it intended to play an active role in the consolidation of the airline industry.
source: Reuters


KLM cabin personnel reject airline’s offer in labour dispute

22 June 2007

Cabin staff working for KLM, the Dutch unit of Air France-KLM, have rejected the airline’s final offer in a dispute over their general workers agreement, the FNV Bondgenoten union said.

The union claims that cabin staff are overworked due to past cost-cutting measures and says KLM’s latest offer has not addressed the situation to their satisfaction.

An ultimatum will be issued next week and the union said that if its demands are not met, strikes may be called in the first labour action ever taken by cabin personnel.

source: hemscott.com