Pursuits
Air France-KLM to Track BA With M&A-Friendly Management Plan
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Air France-KLM Group plans to expand the role of its holding company to encourage greater integration between the French and Dutch units and allow for the possible acquisition of carriers including Alitalia SpA.
Under the structure, Chief Executive Officer Pierre-Henri Gourgeon will remain as group head while relinquishing the top job at Air France to a new appointee, whose role will match that of the current KLM CEO. The holding company would also take over functions such as information technology, financial management, purchasing and alliances, spokeswoman Brigitte Barrand said.