Air France? Ptui!

Barry Gold wrote:
OTOH, when it comes to a "business" that is run by the government,
like Air France, well, you can expect about as much service as you
would from, say, the INS in the US.


In case you had not heard, Air France is now a wholly owned subsidiary
of Air-France-KLM. So it is not government owned anymore.

Air-France-KLM is, as of martch 31 2006: 269 383 518 shares of about
8,50 euros, owned by:

Widely owned :65.8%
Government: 18.6%
Employéees: 15.1%
Self: 1.5%

AF had gone though a long period of upheavals and cutbacks in order to
make it papaltable for an IPO, at which point the french government
greatly reduced it ownership of the airline. And when AF merged with
KLM, that share of government ownership went down further.


In fact, AF-KLM is financially healthy and has done well in recent years
despite all the problems in the industry.