Cargo workers arrested over Air France 'shirt-gate'
Who knew that cargo workers were more bolshy than those in the passenger division? Well, ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The French state is aiming to boost its control over Air France-KLM. It is increasing its 15.88% share by 1.7%, to ensure it wins a shareholder vote next week to give double voting rights to those who have held stocks in the company for more than two years. The state recently made a similar move with Renault, buying additional shares in the company, and is expected to do the same with Orange. It could leave the government with something of a conflict of interests. The move follows speculation that France’s recent grant of additional traffic rights to Qatar Airways was connected to Qatar’s recent order for 24 French-made fighter jets in a €6.3bn deal. French president Francois Hollande said the deals were separate, but it is bad timing, given the current antipathy of European airlines to allow Gulf carriers additional traffic rights.
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