All Air France-KLM Group articles
-
NewsKLM rolls out €450m efficiency plan to tackle costs challenges
Dutch carrier KLM has rolled out a string of cost-saving initiatives aimed at improving its operating result by €450 million ($498 million) in the short-term as it bids to boost its efficiency.
-
NewsRestructured SAS formally joins SkyTeam after withdrawal from Star Alliance
Scandinavian carrier SAS has formally become the 21st member of the SkyTeam alliance, having joined the group after withdrawing from Star Alliance. SAS’s membership of SkyTeam – effective from 1 September – follows its emergence from US Chapter 11 protection, during which it underwent extensive restructuring. As part of this ...
-
NewsAir France-KLM profits slip 30% in second quarter as costs and Olympics bite
Air France-KLM became the latest carrier to report lower profits for the second quarter, citing the impact of higher costs as well as a one-off adverse hit on demand from Paris hosting the Olympic Games.
-
NewsSAS enters SkyTeam codeshare pact with Air France-KLM
SAS has signed a codeshare agreement with SkyTeam operator Air France-KLM, ahead of its switch to the alliance in September. Under the agreement Air France and KLM customers will have access to 33 destinations in northern Europe reachable beyond the Scandinavian hubs at Copenhagen, Stockholm and Oslo. SAS will, in ...
-
NewsCommission backs Covid state support to Air France-KLM for a second time
Air France-KLM has welcomed a fresh decision by the European Commission confirming the legality of state financial support given in response to the Covid-19 pandemic, after its originally approval decision was successfully challenged on appeal.
-
NewsAir France-KLM flags summer bookings hit from Paris Olympics
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
-
NewsAir France-KLM boss hits out at unfair Dutch ‘greenwashing’ ruling
Air France-KLM chief executive Ben Smith has described a Dutch court ruling over alleged ‘greenwashing’ as unfair.
-
NewsSAS chief: SkyTeam will ‘unlock’ network benefits previously unavailable in Star Alliance
Accession to the SkyTeam alliance will provide Scandinavian operator SAS with greater network reach in various ways, chief executive Anko van der Werff believes. Speaking during a first-quarter briefing, he said SAS had enjoyed a good relationship with Star Alliance, of which it was a founder member. “We equally have ...
-
Airline BusinessWill Transavia grow beyond Air France-KLM’s core markets?
When Air France-KLM outlined a record full-year performance for 2023 on 29 February, it was noteworthy that low-cost unit Transavia stood alone in having had a negative impact on the group’s operating profit of €1.7 billion ($1.8 billion).
-
NewsAir France-KLM hit by disruption costs in loss-making end to profitable 2023
Air France-KLM made a loss in the fourth quarter of 2023, as costs relating to geopolitical developments in the Middle East and Africa contributed to its swing into the red but only slightly dented a positive full-year performance from the group.
-
Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
-
NewsRegulatory issues prompt Air France-KLM and CMA CGM to scrap cargo pact and seek fresh co-operation
Air France-KLM and logistics specialist CMA CGM will end their fledgling cargo partnership deal in March citing regulatory challenges which have prevented it working as envisaged, but are in talks over fresh co-operation terms.
-
NewsTransavia France begins Airbus transition with first A320neo
Transavia France has taken delivery of its first Airbus A320neo twinjet, marking the beginning of its transition away from operating Boeing 737s.
-
NewsBeneficiary analysis behind European court’s annulling Air France pandemic aid approval
Judges of the European Union’s General Court have annulled a decision approving French state aid to Air France, after ruling that other companies of its parent group should have been considered as beneficiaries. The case – brought by Ryanair and Malta Air against the European Commission – contested the approval ...
-
NewsTransavia begins fleet transition with first A321neo
Dutch carrier Transavia has taken delivery of its first Airbus A321neo jet, as it begins its transition away from operating an all-Boeing 737 fleet.
-
Airline BusinessSmith heralds Air France progress after catching up on profit with KLM
One of the most notable aspects of the improved financial performance Air France-KLM has enjoyed since the pandemic is the extent to which Air France is contributing to the group’s performance.
-
NewsAcquisition moves must be within ‘risk profile’: Air France-KLM chief
Air France-KLM chief executive Ben Smith stresses any merger and acquisition moves must not weigh the group down as it seeks to boost its profitability by €2 billion ($2.2 billion) over the next five years.
-
Airline BusinessWalking away from Paris Orly would be ‘a lost opportunity’: Air France-KLM chief on Transavia plan
Air France-KLM chief executive Ben Smith believes the group’s strong slot position at Paris Orly makes for too good an opportunity to walk away from, as it puts its faith in low-cost unit Transavia to deliver a profitable operation from the airport.
-
NewsAir France-KLM eyes €2bn improvement in operating profit by 2028
Air France-KLM is targeting a €2 billion ($2.2 billion) improvement in operating profitability over the next five years as it today sets out new long-term objectives.
-
Airline BusinessCan European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.