Airlines
Air France-KLM Strengthens Group Structure
A new governance structure includes the reappointment of Pieter Elbers as CEO of KLM.
KLM chief executive Pieter Elbers (Photo: Air France-KLM)
KLM chief executive Pieter Elbers (Photo: Air France-KLM)

Seeking greater integration of its subsidiaries to better capture efficiency and economies of scale, Air-France-KLM’s board decided on Tuesday to move toward a new governance “to reach European airline leadership” and improve the overall profitability of the Franco-Dutch group. A new group CEO committee, chaired by Air France-KLM CEO Ben Smith, will determine the strategic direction for all group airlines and business units. The other members of the CEO committee include KLM CEO Pieter Elbers, Air France CEO Anne Rigail, and Frédéric Gagey, CFO of Air France-KLM. The three of them will report directly to Smith, who took the helm only in September.