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KLM, Air France to merge?



 
 
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  #1  
Old September 18th, 2003, 02:27 AM
James Robinson
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Default KLM, Air France to merge?

A news article reporting that Air France, plus their subsidiary Alitalia
and KLM are seriously contemplating a virtual merger, making the largest
European airline.

http://news.ft.com/servlet/ContentSe...=1059479911331

Given their existing associations with Delta, Continental, and
Northwest, it would make a powerful combination.
  #2  
Old September 19th, 2003, 06:57 PM
Manuel Freitas
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Default KLM, Air France to merge?

James Robinson wrote in message ...
A news article reporting that Air France, plus their subsidiary Alitalia
and KLM are seriously contemplating a virtual merger, making the largest
European airline.

http://news.ft.com/servlet/ContentSe...=1059479911331

Given their existing associations with Delta, Continental, and
Northwest, it would make a powerful combination.


It's not a merger. Everything else I've read says AF is trying to buy KLM.

- Manuel.
  #3  
Old September 19th, 2003, 08:06 PM
Sjoerd
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Default KLM, Air France to merge?


"Manuel Freitas" schreef in bericht
om...
James Robinson wrote in message

...
A news article reporting that Air France, plus their subsidiary Alitalia
and KLM are seriously contemplating a virtual merger, making the largest
European airline.


http://news.ft.com/servlet/ContentSe...FT/FullStory&c
=StoryFT&cid=1059479911331

Given their existing associations with Delta, Continental, and
Northwest, it would make a powerful combination.


It's not a merger. Everything else I've read says AF is trying to buy KLM.


It won't be a merger and AF won't buy KL. It will be a co-operation
agreement with an equity swap. (but only a minority interest of AF in KL and
vice versa)

The Dutch government delayed the annoucement of the co-operation this week
as they want guarantees that the position of Schiphol Airport will remain
important. Anyway, the AF/KL would be stupid to re-routes flights from one
of the best airports in Europe to one of the worst.

Sjoerd


  #4  
Old September 19th, 2003, 08:14 PM
James Robinson
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Default KLM, Air France to merge?

Manuel Freitas wrote:

James Robinson wrote:
A news article reporting that Air France, plus their subsidiary Alitalia
and KLM are seriously contemplating a virtual merger, making the largest
European airline.

http://news.ft.com/servlet/ContentSe...=1059479911331

Given their existing associations with Delta, Continental, and
Northwest, it would make a powerful combination.


It's not a merger. Everything else I've read says AF is trying to buy KLM.


Financially, there actually isn't such a thing as a merger, it is really
an acquisition, and merger just sounds better. In the case of Air
France and KLM, the European Community rules seem to be preventing them
getting together closer than just a cooperative agreement.
  #5  
Old September 19th, 2003, 10:00 PM
Sjoerd
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Default KLM, Air France to merge?


"AJC" schreef in bericht
news

Sjoerd, I think you are basing that last statement on your visit to
CDG1. The AF hub at CDG2 is most certainly not one of the worst in
Europe. Though not up to the standard of Schiphol, it is superior to
Heathrow.

Three years ago, I did AMS - CDG - NSI - CDG - AMS on AF via CDG2 and the
transfer at CDG (especially on the outbound flight) was a complete disaster.
I had to literally climb over passengers' bags to get to my gate.

I also transited at CDG once from RG (GRU to CDG) to AF (CDG to AMS) which
was also a total mess. (totally inadequate signage, long bus ride between
terminals)

Even LHR is better than CDG, IMHO.

Sjoerd


 




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