Air France CE steps downs as group chief talks of ‘new approach’

Air France CE Franck Terner resigned Sept 27, leaving the new Air France-KLM Group CE running both companies. Ben Smith, a former Air Canada executive who became Air France-KLM Group CE Sept 17, will also head Air France, but until no later than Dec 31. While Terner’s departure under new management was not a complete industry surprise, the suddenness of it means more turmoil for an airline that is locked in a long-running dispute with its unions over salaries, a dispute that led to the resignation of the group’s former CE in May. With Terner’s departure, Anne-Marie Couderc, chair of the Air France-KLM and Air France boards of directors, said Smith’s priority will be “to define Air France's short- and medium-term strategic vision, find a solution to salary issues and set up a new company governance structure." <br/>
ATW
http://atwonline.com/airlines/air-france-ceo-steps-downs-group-chief-talks-new-approach
9/28/18