Mr. Smith Goes to Paris: Strike Threats and a Falling Share Price Shows Work is…

The recent appointment of Canadian Benjamin Smith as CEO of Air France-KLM has ruffled some feathers within the organization that operates both the French and Dutch flag-carriers. French and Dutch unions are already threatening strike action, a measure frequently used in Europe, if there is no dialogue on pay. Since the announcement on Aug. 16, Air France-KLM's share price has dropped by four percent. Smith is serving his notice period with current employer Air Canada - where he is currently COO…