Philippe Capron pulls out of the running to head Air France-KLM
Philippe Capron, who had been in the running to take over at the head of Air France-KLM, has taken himself out of consideration for the job and criticised the French state’s intervention in the process. His withdrawal is the latest setback for the struggling airline which has been trying to find a new boss to replace Jean-Marc Janaillac, who quit in May after putting his job on the line in an effort to end strikes over pay. Janaillac’s resignation in the face of union opposition has reignited concerns about Air France-KLM’s ability to reform the French arm of its business. Its share price has dropped almost 50% so far this year. KLM and shareholders Delta and China Eastern Airlines, have expressed concern, partly because of Capron's lack of aviation experience. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-07-02/sky/philippe-capron-pulls-out-of-the-running-to-head-air-france-klm
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Philippe Capron pulls out of the running to head Air France-KLM
Philippe Capron, who had been in the running to take over at the head of Air France-KLM, has taken himself out of consideration for the job and criticised the French state’s intervention in the process. His withdrawal is the latest setback for the struggling airline which has been trying to find a new boss to replace Jean-Marc Janaillac, who quit in May after putting his job on the line in an effort to end strikes over pay. Janaillac’s resignation in the face of union opposition has reignited concerns about Air France-KLM’s ability to reform the French arm of its business. Its share price has dropped almost 50% so far this year. KLM and shareholders Delta and China Eastern Airlines, have expressed concern, partly because of Capron's lack of aviation experience. <br/>
