Will Accor buy stake in Air France-KLM?

[drron]

Accor confirms they are thinking of this.
Accor Mulls Buying Stake in Strike-Ridden Air France-KLM

Seems a can of worms though.

 

[RooFlyer]

If the present French government are true to the form of past ones, they will be in the background leaning on any French company to save the dignity of La France, national icon etc etc.

 

[kelvedon]

If the present French government are true to the form of past ones, they will be in the background leaning on any French company to save the dignity of La France, national icon etc etc.

Having stated that the Government won't bail out AF, I concur. Its like an episode from Yes Minister.

French Finance Minister says no government bailout for Air France 

 

[snabbu]

Wouldn't surprise me, they seem to be buying up a bit lately with the Mantra chain their latest acquisition.
AccorHotels buys Mantra Group for $1.2 billion

 

[docjames]

I cant see why you'd buy it without scope for major labour changes to nurse it back to profitability, or a massive government handout.

But then, France.

 

[Isochronous]

Let AF die.