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Old October 2nd, 2003, 10:25 PM
Ulf Kutzner
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Default Dutch losing National Airline ??

Popped Cherry schrieb:

Here is some text that helps explain how they will go around the ownership limits:

Air France and KLM have imagined a system to help safeguard other landing
rights - beyond the
trans-Atlantic slots, Cabrera said.

Although KLM would be a wholly owned unit of the Franco-Dutch holding company,
the latter would only
hold 49% of the voting rights in the Dutch airline.

A special purpose Dutch-based foundation would be set up that would hold 51%
of the voting rights in
KLM. Created for a renewable period of three years, the foundation would vow
not to veto key decisions by the holding company.


Will be accepted by all third countries? Don't think so.

Regards, ULF