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Old 22nd Feb 2013, 23:29
  #304 (permalink)  
davidjohnson6
 
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AF-KL group released their annual results for 2012 yesterday. Had a look through the blurb, but the only kind of breakdown by business was passenger / cargo / Transavia / catering - the only mention of Cityjet seemed tobe the number of aircraft currently in the fleet.

Does anyone have financial figures for Cityjet or some measure of results for calendar year 2012 ? I suspect they won't be pretty, but would be interesting to get an accurate idea of the current state of Cityjet without just relying on the rumour mill.

Separately, AF state a decision will be made on Cityjet's future no later than July
Air France-KLM nears decision on CityJet | ATWOnline

Interesting comments by an AF EVP:

...CityJet’s strategic position in the group is “not so obvious” following the merger of Air France’s French regional activities under the HOP! brand. This prompted Air France-KLM to test the market for would-be strategic investors. “Two to three remain interested,” ... contenders include both strategic investors and other airlines.
...the main issue is to give a future to this company [CityJet]. I think that with investors it will have more opportunities to develop than within the group

Last edited by davidjohnson6; 23rd Feb 2013 at 00:04.
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