Alitalia says yes to AF-KL
Mar 16, 2008, 6:53 am
#1
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Alitalia says yes to AF-KL
Air France has today issued a press release advising that its bid for AZ has been accepted.
http://corporate.airfrance.com/en/home-page/index.html
AF-KL is proposing a 100% share capital acquisition !
http://corporate.airfrance.com/en/home-page/index.html
AF-KL is proposing a 100% share capital acquisition !
Last edited by Cris L; Mar 16, 2008 at 6:55 am Reason: url not working
Mar 16, 2008, 8:26 am
#2
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why didn't this deal just go away
KL burned their fingers already and now AF-KL 
They have nothing but labor issues to offer, is MXP and FCO so important for AF-KL 
Mar 16, 2008, 9:01 am
#3
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Now, I agree, AZ has a lot of problems. But private ownership is undoubtedly a step in the right direction.
Mar 16, 2008, 9:42 am
#4
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I think Air France has a lot of experience with mergers and take-overs : UTA, Air Inter, Regional, Brit Air & KLM. I expect them to be quite successful, although this take-over will probably one of the most difficult in Air France's history.
Last edited by JOUY31; Mar 16, 2008 at 12:05 pm
Mar 16, 2008, 4:12 pm
#5
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The agreement was announced but I believe it is still pending some discussions with the unions. I'll be amazed if AF/KL can pull this off without the Italian unions trashing the situation. I'm not entirely convinced that AZ actually wants to survive if it means that the employees would actually have to work. They'd rather watch the company fall apart and lose money, but keep their "jobs."
Mar 16, 2008, 7:45 pm
#6
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continous strike 
Mar 17, 2008, 4:48 am
#7
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having just flown 6 sectors with AZ.. oh dear.. they really have a lot of work to do.. close MXP, and FCO is not that great either. the service is basic, the seats are uncomfortable, the staff morale is low and the MD-80s are getting rather worn out.
Mar 17, 2008, 6:11 am
#8
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Mar 18, 2008, 2:01 am
#9
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sorry i have to disagree on the MD-80s.. the recline was right in my face, the overhead storage is tiny, and the last one i flew on was so old and worn out the stairs didn't work so we had to deplane through the rear exit, hence i was last off. they are old fuel guzzling flying scrapheaps