France’s new finance minister Pierre Moscovici, is expected to vote against a €400,000 ($497,608) compensation package awarded to Pierre-Henri Gourgeon, former CEO of Air France-KLM. Gourgeon was ousted in October last year, as increasing fuel prices sent profits nose-diving at the Franco-Dutch airline (ATW Daily News, Oct. 18, 2011). In a statement, the Ministry said the government considered the indemnities and bonuses earmarked for Gourgeon, and approved by the previous ...

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