Jean-Marc Janaillac’s risky bet has backfired. The outgoing CEO of Air France-KLM believed staff would approve the company’s pay proposal where unions would not, and put his job on the line with the overture. It was his last-ditch attempt to bring to a close weeks of conflict, strikes and disruption that have been hurting the company’s reputation and finances to the tune of at least €300 million ($358 million). But instead of resolving the conflict, his gamble has left ...
