Sunday, April 26, 2015

O’Leary reveals his recipe to save Air France – Boursier.com

(Boursier.com) – Michael O’Leary, CEO of the Irish low cost airline Ryanair, has a favorite sport: to heap scorn on Air France and the French administration in general … It puts the covered Sunday in the columns of “JDD” with a good dose of provocation, as usual: You saw taxation and labor law, but who wants to employ workers in France? ” And O’Leary to speak again “administrative madness” that makes his group employs in France as seasonal Marseille for 6 months “not to fall foul of the law.”



Strategy in question

“All the things we hear on Ryanair is nonsense,” continued the officer. “Many companies like Air France cut jobs. We, we create, we increase salaries and we pay pension contributions.” Asked about the turnaround strategy at Air France, the latter does not believe! As Lufthansa for years, “Air France can no longer count on the long-haul as a cash cow and will have to close Flight” … Transavia not find favor in his eyes, much less short and medium haul of brand Air France-KLM, Hop! …

Recipe to follow

When asked by the newspaper about how it would proceed with Air France to redress the O’Leary advises simply the leaders of the group to sell KLM, to close the lines that are losing money and give 20 or 25% of the capital to a company in the Gulf … and a cynic to conclude anything, “I’m not too bad in the air … but if I worked for Air France, I would not have as much success! “

  – © 2015 Boursier.com
 

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