Air France Turmoil Is Said to Spur KLM to Seek Change at Top
- Dutch unit wants deputy CEO appointed from its side of company
- Call comes as group head Janaillac prepares to go amid strikes
Air France-KLM Shares Tumble After CEO's Resignation
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The Dutch arm of Air France-KLM Group is seeking a change in the beleaguered carrier’s management structure in a bid to gain more influence after a protracted French labor conflict led the company’s chief executive officer to resign, according to a person familiar with the matter.
KLM is growing increasingly frustrated with mounting losses from strikes at the Air France division, said the person, who asked not to be named because the position isn’t public. The unit is seeking a return to a past form of governance under which the group chief executive officer had a Dutch deputy, the person said. That system was scrapped five years ago.