Dysfunctional France — June 2018
Some chief executives merely resign quietly when they have had enough of running a company. It takes a special talent to offer the company’s staff the opportunity for a vote of confidence and make the decision for them. And yet this effectively what Jean-Marc Janaillac, the now former Chairman and CEO of Air France-KLM (and Chairman Air France) has done.
Unlike its peers at IAG and Lufthansa (and its sister company KLM), Air France has been unable to persaude its unions that legacy working practices and employment conditions from a regulated era have to change in a deregulated market-oriented environment. And it is thirty years since the European industry was deregulated.……