Air France-KLM Board Meeting
The Air France-KLM Board met today. In accordance with the agenda, the 2015 budget has been examined and unanimously approved.
The entire European air transport industry is currently facing challenges of unprecedented magnitude. Today more than ever before, it is essential that Air France and KLM remain mobilized and work twice as hard to consolidate the Group's European leadership.
An interim report on Perform 2020 has also been presented. The Board has strongly supported management's proposals and considers that Air France and KLM’s roadmap towards a better competitiveness must be implemented rapidly.
Regarding KLM cash management, the Board was also informed of questions asked by some Dutch stakeholders and of guidelines that have finally been endorsed. The Board acknowledged that the creation of Air France-KLM group in 2004 was highly beneficial to both airlines and more generally to the Netherlands and France.
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