It is almost one year since the implementation of the AF-KLM merger and you have stated several times that the first results are "extremely positive." How positive is this? Spinetta: The first results are very promising and are better than our expectations. When we were discussing our agreement, we had identified a potential of between eur400 and eur500 million of synergies over the next five years-50% in costs and 50% in revenues. Six months after the completion of the merger, in May ...

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