KLM Pilots Want Employee Stock-Ownership Plan In Return For Wage Reduction

KLM pilots are asking for shares in Air France-KLM and an improved profit-sharing plan, along with a seat on the Dutch airline’s supervisory board and a seat on its parent company’s board of directors, in exchange for wage concessions. KLM is seeking to reduce costs by €700 million ($828 million)...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.