You are here

Air France-KLM gets luxury makeover in bid to turn around

Investors warm to its plans, sending its stock to a 22% gain in past 12 months

BT_20140306_MAKEOVER6_986517.jpg
More bang for your buck: People are fed up with being badly treated and will be willing to spend a little more on their plane ticket, says Mr de Juniac, who personally insists on more room for fliers' feet. - PHOTO: AFP

[NEW YORK] Air France-KLM Group, Europe's largest airline, is getting a makeover ranging from high-end seats to bigger entertainment screens as chief executive officer Alexandre de Juniac attempts a turnaround from near bankruptcy.

Mr de Juniac, who became CEO in July, is coupling luxury...

sentifi.com

Market voices on: