«Breaking News» Air France KLM CEO says state could sell stake in...

PARIS, Sept 27 (Reuters) - Air France KLM's new Chief Executive Benjamin Smith said the French state is prepared to sell its 14 percent stake in the airline, according to the Financial Times.

Smith said French President Emmanuel Macron was prepared to sell the 14 percent stake - even though "there are some people in Air France that believe that this is something they can have as an insurance", the FT reported.

The CEO told the daily that there were "a lot of other areas that the government needs to spend its money on."

"At the end of the day, it's very expensive to bail out an airline," he added.

Air France KLM's shares have plunged nearly 40 percent so far in 2018, mainly due to the impact of strikes, led by unions seeking better pay and working conditions.

The French government has the biggest individual stake in Air France KLM with 14 percent, while Delta Airlines and China Eastern Airlines each hold 8.8 percent. (Reporting by Sudip Kar-Gupta, Editing by Sherry Jacob-Phillips)

Linkhienalouca.com

https://hienalouca.com/2018/09/27/air-france-klm-ceo-says-state-could-sell-stake-in/
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PARIS, Sept 27 (Reuters) – Air France KLM’s new Chief Executive Benjamin Smith said the French state is prepared to sell its 14 percent stake in the airline, according to the Financial Times.
Smith said French President Emmanuel Macron was prepared to sell the 14 percent stake...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





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