Entries tagged as KLM
Mon, 26. May 2008
KLM Joins the Biofuel Train
KLM Royal Dutch Airlines announced its plan to test algae-based jet fuel in cooperation with Netherlands-based AlgaeLink. The first test flight will occur this fall. KLM indicated that if the tests are successful, KLM cityhopper's Fokker 50 fleet will fly on a part-biofuel mixture by 2010.
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Defined tags for this entry: Environment, KLM
Thu, 3. April 2008
Air France-KLM Drops Alitalia Deal
Air France-KLM called off its proposed takeover of Alitalia after failing to reach agreement with Alitalia's unions over the future scale of the airline. Air France-KLM Chairman and CEO Jean-Cyril Spinetta regretted "the "breakdown in negotiations, which is none of our doing. This is a project I have profoundly believed in and continue to do so, because it would have ensured Alitalia a rapid return to profitable growth."
Alitalia's most recent chairman, Maurizi Prato, a firm backer of the sale, subsequently resigned. The upcoming parliamentary elections in Italy are expected to bring Silvio Berlusconi, who supports an Italian-owned Alitalia, back to power. However, the European Commission has made it clear that the Italian government's proposed €300 million loan to Alitalia would be illegal unless it were part of the Air France-KLM takeover.
This topic is being discussed on the Message Boards.
Alitalia's most recent chairman, Maurizi Prato, a firm backer of the sale, subsequently resigned. The upcoming parliamentary elections in Italy are expected to bring Silvio Berlusconi, who supports an Italian-owned Alitalia, back to power. However, the European Commission has made it clear that the Italian government's proposed €300 million loan to Alitalia would be illegal unless it were part of the Air France-KLM takeover.
This topic is being discussed on the Message Boards.
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