Air France to let KLM manage its own cash

The managers of Air France-KLM have unanimously agreed that KLM will keep control of its cash. The airline made this announcement in a press statement. 

The decision to transfer cash from KLM to parent company Air France-KLM was reversed last week, but unions were not assured. "We want to see in black and white that the money and debit cards remain in Amstelveen," said Klaas-Jeroen Terwal of the Association of Dutch Pilots (VNV). "We first want an explanation from KLM on the agreements."