Air France-KLM's New CEO Faces Immediate Union Threat of Strike
A union representing Air France workers warned the carrier’s incoming CEO Ben Smith they will go on strike unless pay demands are satisfied. Smith will leave his current position as Air Canada’s chief of operations in the next month, succeeding Jean-Marc Janaillac who quit after failing to end a series of strikes that crippled the French airline. In addition to the strike threat, Smith faces competitive challenges after Air France shares recently fell two percent.
See "Air France-KLM's New CEO Faces Immediate Union Threat of Strike", Phil Serafino and Frederic Tomesco, Bloomberg Business, August 17, 2018