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Air France-KLM’s new CEO Smith gets knuckles rapped by French minister

Bloomberg Just days after taking the top job at Air France-KLM, Chief Executive Officer Ben Smith is learning the hard way about the difficulties of running a French state-backed business. Economy Minister Bruno Le Maire publicly took the Canadian to task for being quoted in the Financial Times as saying that the government was prepared to sell its 14 percent ...

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Delta CEO blames ‘device issue’ for system failure

Bloomberg Delta Air Lines Inc. blamed a “physical device issue” for a systems failure that forced the carrier to briefly ground all domestic flights earlier this week. Chief Executive Officer Ed Bastian provided few details about the cause of the disruption. Speaking at the Skift Global Forum in New York, he referred to the September 25 problem as “a hiccup” ...

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JetBlue mimics US rivals by adding no-frills fare class

Bloomberg JetBlue Airways Corp. will offer its own version of a basic economy fare, saying its “success is at risk” if it doesn’t match the discounted, no-extras tickets being sold by larger rivals. The change will be part of a broader shakeup of JetBlue’s fare system that will debut next year, President Joanna Geraghty told airline employees in a message. ...

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