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6/11/13

EU Airline Industry: KLM will remain 'full division' of Air France-KLM multinational - 10 % of workforce to be cut

Dutch flag carrier KLM will remain a full division of the integrated airline Air France-KLM, despite planned changes in the company structure, new chief executive Alexandre de Juniac says in Wednesday's Financial Daily..

De Juniac, who takes over from Jean-Cyril Spinetta on July 1, plans to run the company more as a multinational, the FD says. This means giving more power to the holding above the Air France and KLM operations, which are currently largely self-managing.

Centralisation in Paris led to fears in the Netherlands that the position of KLM and Schiphol airport would be weakened, but this is not the case, De Juniac told the FD in an interview.

The new organisational structure will not lead to extra job losses. The airline announced earlier that the workforce is being cut by some 10%. KLM employs 30,000 people in the Netherlands.

'We are currently a French-Dutch company but we have to become a multinational like Heineken or Unilever,' De Juniac told the paper.

Read more: DutchNews.nl - KLM will remain 'full division' of Air France-KLM multinational

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