Word: wijk
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Dates: during 2000-2009
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...talked up the €784 million deal as an overdue consolidation of European airlines and promised it would create "substantial value for shareholders." Just how it might do so left investors and civil-aviation experts scratching their heads. Air France CEO Jean-Cyril Spinetta and KLM chief Leo van Wijk said the two firms won't cut staff and will operate as before from their hubs, Charles de Gaulle in Paris and Amsterdam's Schiphol. And to retain KLM's international traffic rights, they've had to create a holding company that will own all the shares of both companies...
...instilled the financial discipline needed to weather the downturn. EUROPEAN AIRLINES: Except for some low-cost carriers, Europe's airlines have hit a wall. Passenger traffic was already down 10% since the war began. But SARS could have an even worse effect, said KLM's CEO Leo van Wijk, as the company reported a fresh 3% drop. British Airways took an even bigger hit, with total revenue down 11.4% and traffic to Asia plunging 25%. Where Did Saddam Hide His Loot? To find money for rebuilding Iraq, some European nations may just want to pop by their local banks. Saddam...
...NATO has identified. "Getting airlift helps both the E.U. and NATO," says a European diplomat at NATO. "The concepts are complementary." Others aren't quite so sure. Though the NATO force is geared for actual combat rather than the lower-intensity peacekeeping missions the E.U. envisions, says Rob de Wijk, a security expert at the Clingendael Institute in the Hague, Washington's proposal is "a clear attempt to prevent Europe from going its own way" by committing its resources to the alliance. A similar conflict surfaced last week when NATO said it would renew its mandate, due to expire...