Topic Author
Posts: 144
Joined: Mon Jan 08, 2001 3:30 pm

KLM/NWA One Company?

Wed Feb 13, 2002 9:17 am

Are KLM and NWA still two separately run companies or are they one giant conjoined bussiness?
Posts: 638
Joined: Wed Jul 11, 2001 9:02 am

RE: KLM/NWA One Company?

Wed Feb 13, 2002 9:19 am

they are two by different people
Topic Author
Posts: 144
Joined: Mon Jan 08, 2001 3:30 pm

RE: KLM/NWA One Company?

Wed Feb 13, 2002 9:51 am

Posts: 705
Joined: Tue May 08, 2001 11:06 am

RE: KLM/NWA One Company?

Wed Feb 13, 2002 10:26 am

Two companies, BUT:

NWA owns over 50% of the preffered stock, giving them a huge edge on electing who runs the company. THe have anti trust immunity though, allowing them to codeshare all their flights.

NW also owns a lot of preffered stock with Continental.
Posts: 510
Joined: Sun Aug 22, 1999 8:53 pm

RE: KLM/NWA One Company?

Wed Feb 13, 2002 7:23 pm

As far as I know....NW does not own any stock in KLM. If so, can you tell me when they got it?

User avatar
Posts: 9078
Joined: Thu Apr 12, 2001 2:08 am

RE: KLM/NWA One Company?

Thu Feb 14, 2002 2:04 am

KLM "owned" Northwest.

"Despite the discord that led KLM to agree to divest its financial interest in Northwest last year, the investment has been a good one for the Dutch airline. Northwest will pay KLM $1.1 billion over the next three years to buy back its 19% stake."

Puts things in perspective ..

I think good personal & business relations can make an alliance work, not "owning" each other.

"Never mistake motion for action." Ernest Hemingway
Posts: 4147
Joined: Wed Nov 17, 1999 8:28 pm

RE: KLM/NWA One Company?

Thu Feb 14, 2002 3:25 am

It's impossible that either KLM or NWA owns more than 25% in eachothers stock (regulations). However KLM doesn't own NWA stock and vice versa.

Moreover NWA doesn't own any preferred stock in CO as this has been converted into common stock (and the stake isn't very large as NWA sold a lot last year).

Posts: 5752
Joined: Wed Apr 19, 2000 5:30 am

RE: Lj

Thu Feb 14, 2002 3:53 am

You are correct Lj. I believe NW owns no more than 5% of CO stock, and retains veto power over any potential CO merger.
An unexamined life isn't worth living.

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos