Spinetta said the government is also considering ways to protect Air France as a national and European asset by drafting legislation to prevent it from falling under foreign control.
Flight back to protectionism for the national proud public Airline.
Photo © Simon Willson
It's always been the same : Big Talking when things are going well, looking for shelter when the going gets tough.
A business initiative of KLM/NWA and a few banks doing a surprise bid on Air France Stock would trigger the government to jump in to protect AF. No price high enough for national pride.
Performance of AF should not be compared on the same scale as BA, LH, KL and others. The risc taking / financing are totally different for this public company.