Delta Air Lines Inc (DAL.N)
16 Aug 2018
AMSTERDAM/PARIS, Aug 17 Air France-KLM shares fell on Friday in response to the hostile reception from unions to the company's new boss Benjamin Smith, while the airline's Dutch pilots threatened to strike over working conditions.
PARIS Air France-KLM named Air Canada executive Benjamin Smith as its new boss on Thursday, opting for an outsider to steer the airline group through a fraught stand-off with unions at its French carrier. | Video
* Unions say to discuss strike action Aug. 27 (Adds background on Canadian government interventions)
PARIS, Aug 16 The major trade unions representing Air France KLM staff issued a joint statement on Thursday to protest the likely choice of Air Canada executive Benjamin Smith as Air France KLM's new chief executive.
* Airline still looking for new CEO (Adds fund manager comment, further detail)
PARIS, Aug 13 Air France KLM shares fell on Monday, after the airline's biggest pilots union said over the weekend that there were risks of further strikes if pay talks with management did not resume.
* Next CEO will need to balance higher unit costs, wage demands
PARIS, Aug 12 The next chief executive of Air-France-KLM must not be beholden to external interests, said a senior French pilot on the group's board of directors, criticising the possible choice of Air Canada's chief operating officer as preferred candidate.
CHICAGO/SHANGHAI The United States' three largest airlines said they are in the process of amending their systems to address Chinese requests over how they refer to Hong Kong, Macau and Taiwan, after Chinese state media reported that they had yet to complete revisions in time for a Thursday deadline.
PARIS, Aug 8 Air France KLM, which has been hunting for a new boss after costly strikes caused the departure of its previous chief executive, reported higher traffic figures for July from a year ago.