Search found 21 matches

by JBH
Fri Mar 01, 2019 12:31 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

French minister Le Maire en dutch counterpart Hoekstra have cleared the air between them. Both party's said that they have the same intentions making AF/KL the best airline in the world. We can all go to sleep now. To me, as I have said before, this whole thing was no surprise to the French governm...

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by JBH
Thu Feb 28, 2019 6:43 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

93% of after-tax profit taxed at the standard corporate rate in the Netherlands is more than 100% of the same profit after the standard French corporate rate. Standard corporate tax rates are public (you can do the math). As are some of the many discounted rates in the Netherlands (far more than in...

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by JBH
Thu Feb 28, 2019 5:36 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

I don't doubt your real-life experience, and I knew that happened before you mentioning it. Where you go wrong is assuming your personal experience applies to AFKL. As I explained this doesn't make sense in their situation as unlike most other concerns they don't fully own their operations in The N...

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by JBH
Thu Feb 28, 2019 1:16 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

One thing I have been wondering about. Maybe someone here can shed some light on this. We keep on hearing that AF may 'undress' KL and that flights will be moved to CDG and the hub function of AMS is under threat. However what would be the logic behind that. Forgetting the profit argument for a mome...

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by JBH
Thu Feb 28, 2019 9:19 am
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

Great article about the process of coming to this decision. It is in Dutch, but with google translate, you should be able to follow it. https://www.volkskrant.nl/nieuws-achtergrond/hoe-kwam-het-kabinet-tot-aankoop-van-aandelen-air-france-klm-~b3ad492f/?utm_source=VK&utm_medium=email&utm_cam...

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by JBH
Wed Feb 27, 2019 5:07 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

Good point! It does seem to make sense.

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by JBH
Wed Feb 27, 2019 4:56 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

I wonder what happened during the meeting with the Dutch ministers and Smith. Something must have triggered all this? Don't forget that most of the coalition parties in the Dutch government are against meddling in companies. Understood that KL is strategically important for the Netherlands more so t...

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by JBH
Wed Feb 27, 2019 4:33 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

Wouldn't DL want a bigger partner in Europe than just KL (even if they add AZ and VA)? It seems likely that if DL and the Dutch state decide to move KL out of AFKL and with DL, AF will not continue to partner with DL...

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by JBH
Wed Feb 27, 2019 2:14 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

Dutch government has stated French government (minister of Finance and prime minister) had been notified of the intention but had not replied before the transaction was complete. Meanwhile, French government now acts outraged, says there shouldn't be any national interference in the airline group b...

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by JBH
Wed Feb 27, 2019 2:13 pm
Forum: Civil Aviation
Topic: Dutch government increases stock holding in KL-AF group.
Replies: 160
Views: 16839

Re: Dutch government increases stock holding in KL-AF group.

Dutch government has stated French government (minister of Finance and prime minister) had been notified of the intention but had not replied before the transaction was complete. Meanwhile, French government now acts outraged, says there shouldn't be any national interference in the airline group b...

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by JBH
Thu Sep 29, 2016 6:57 pm
Forum: Civil Aviation
Topic: Lufthansa Group announces to buy remaining shares of Brussels Airlines
Replies: 50
Views: 14881

Re: Lufthansa Group announces to buy remaining shares of Brussels Airlines

I am no expert on this matter but I do live in Brussels and fly SN at least once a week, so this story interest me as a passenger. I am all for SN remaining a LH partner as this has obvious advantages for the frequent traveller, however, I am surprised to read that LH might want to integrate SN into...

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by JBH
Wed Jun 04, 2014 9:41 am
Forum: Civil Aviation
Topic: Could We Ever Smoke Again In Planes?
Replies: 178
Views: 19558

RE: Could We Ever Smoke Again In Planes?

<table border="0" align="CENTER" width="95%" class="quote"><tr><td><font size="2" face="ARIAL, Helvetica, Geneva" color="#9A9DA0">Quoting <a href="/profile/eielef" class="quote" target="_blank">eielef</a> (<a href="#3" class="quote">Reply 3</a>):<br/><i>It could be considered discrimination toward t...

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by JBH
Mon Sep 17, 2012 7:01 pm
Forum: Civil Aviation
Topic: Spain Loses Patience With Ryanair
Replies: 76
Views: 31888

RE: Spain Loses Patience With Ryanair

<table border="0" align="CENTER" width="95%" class="quote"><tr><td><font size="2" face="ARIAL, Helvetica, Geneva" color="#9A9DA0">Quoting <a href="/profile/realsim" class="quote" target="_blank">realsim</a> (<a href="#22" class="quote">Reply 22</a>):<br/><i>So please, don't tell me that Spain is a p...

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by JBH
Thu Jan 10, 2008 12:28 pm
Forum: Travel, Polls & Preferences
Topic: Is LHR Overrated (versus LGW)?
Replies: 19
Views: 4159

RE: Is LHR Overrated (versus LGW)?

LHR can be quite a nightmare when changing flights, especially between terminals. I am sure this has been discussed before, but with the new <acronym title="Turkmenistan Airlines">T5</acronym> does <acronym title="British Airways">BA</acronym> fly all its flights out of this terminal? Or will you st...

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by JBH
Wed Dec 19, 2007 1:01 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

<TABLE BORDER=0 ALIGN=CENTER WIDTH=95% style="border-top: 1pt #28455E solid;border-right: 1pt #1B2E3F solid;border-bottom: 1pt #1B2E3F solid;border-left: 1pt #28455E solid;table-layout:fixed;border-spacing:0;padding:0;border-collapse: collapse;" bgcolor=#1E3951><tr><td><font size=2 face="ARIAL, Hel...

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by JBH
Thu Dec 13, 2007 4:02 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

Just saying, if.......

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by JBH
Thu Dec 13, 2007 3:46 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

I guess, right now we can only wait and see next week. Anyone has any ideas what <acronym title="Air France">AF</acronym> will do if this deal falls through? They seem set to grow through buying, and now is the time for them to buy. <acronym title="Iberia (Spain)">IB</acronym> looks like a lost case...

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by JBH
Wed Dec 12, 2007 11:47 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

It seems like the Italian government cannot decide. Up to AZs board now:

http://www.bloomberg.com/apps/news?p...1085&sid=a9R564T38PJ8&refer=europe

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by JBH
Wed Dec 12, 2007 11:03 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

Point taken and yes, I remember the rest of the story.....

However, there is also the story of KLM and Martinair

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by JBH
Wed Dec 12, 2007 10:37 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

<TABLE BORDER=0 ALIGN=CENTER WIDTH=95% style="border-top: 1pt #28455E solid;border-right: 1pt #1B2E3F solid;border-bottom: 1pt #1B2E3F solid;border-left: 1pt #28455E solid;table-layout:fixed;border-spacing:0;padding:0;border-collapse: collapse;" bgcolor=#1E3951><tr><td><font size=2 face="ARIAL, Hel...

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by JBH
Wed Dec 12, 2007 2:34 pm
Forum: Civil Aviation
Topic: Alitalia Takeover: Confirmed: AF-KL Selected!
Replies: 137
Views: 21250

Alitalia Takeover: Confirmed: AF-KL Selected!

AF will not make a regional carrier of <acronym title="Alitalia (Italy)">AZ</acronym>, this would not be smart from the investment point of view. <acronym title="Air France">AF</acronym> needs a strong third hub. <acronym title="CSA Czech Airlines">OK</acronym>, <acronym title="Alitalia (Italy)">AZ<...

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