News: Change of leadership for Air France-KLM
Jean-Cyril Spinetta has confirmed he’ll be stepping down as chairman and chief executive of the Air France-KLM airline group. He would be joined by vice president and deputy chief executive and Leo van Wijk, with both leaving their posts on July 1st. The decision was confirmed at an Air France-KLM board meeting held in Paris earlier. “When we were asked by the board to imagine our current executive positions in October 2011, we had a twofold objective,” the pair declared in a joint statement. “This was to place Air France-KLM back at the road to recovery by cutting costs and reducing debt, in addition to to establish a brand new, more integrated organization of each of the group’s strategic functions. “The Transform 2015 recovery plan, simultaneously launched last year at...
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