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Old 7th Mar 2003, 10:14
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Aviation Trainer too
 
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Very good story... not

KLM has indicated for years that this may be on the cards. The main problem is that the state still holds a golden share to ensure it stays dutch. This to allow bilateral rights with other countries. the exact reason why the last BA/KL attempt did not work.

If this had not been the case a lot of people would have bought the company years ago already as the cash position of the company is such that there is more money on the KLM account than the value of the company on the stock exchange..
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