All Air France-KLM Group articles – Page 2
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NewsAir France going CDG-only as Orly exit frees space for Transavia expansion
Air France’s recent announcement that it will end domestic flights at Paris Orly airport by 2026 marks what could be the final step towards the Air France-KLM Group having clearly differentiated operations at the Paris capital’s two main airports.
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NewsClarity on Lisbon airport important in TAP bid decision: Air France-KLM chief
Air France-KLM is seeking clarity on plans for new airport capacity in Lisbon, as it considers its involvement in the privatisation of flag-carrier TAP Air Portugal
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NewsAir France-KLM foresees ‘biggest benefits’ from SAS joining transatlantic JV
Air France-KLM sees SAS’s eventual membership of its transatlantic joint venture as the “biggest benefit” from its investment in the carrier, arguing that the Scandinavian operator has been “held back” from from fully capitalising on its strengths.
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NewsAir France-KLM cites strong summer demand as Q3 operating profit hits €1.3bn
Air France-KLM saw its operating performance hit record levels during the peak summer months amid strong passenger demand, prompting it to maintain a positive outlook for the rest of the year.
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NewsAir France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.
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NewsJetBlue urges DOT ’countermeasures’ against KLM over potential Schiphol slot losses
JetBlue Airways recently called on the US Department of Transportation (DOT) to retaliate against Dutch carrier KLM if JetBlue is expelled from Amsterdam’s Schiphol International airport due to capacity cuts.
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NewsTransavia to pick up routes as Air France signals end to Paris Orly flights by 2026
Air France has outlined plans to transfer operations of its domestic flights from Paris Orly airport to its leisure unit Transavia citing a “structural fall” in demand for the network carrier’s services.
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PodcastAirline Business Podcast: SAS stakes, sustainability and sweet spots
Graham and Lewis discuss the latest consolidation moves in Europe, as Air France-KLM announces plans to take a minority stake in SAS.
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Airline BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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NewsAir France-KLM has potential avenue to becoming controlling SAS shareholder
While Air France-KLM Group would initially have a non-controlling stake in Scandinavia’s SAS, the company has indicated that the investment agreement includes a potential avenue to becoming a controlling shareholder. Air France-KLM’s emergence as a participant in the investment consortium for SAS underlines its strategy to help drive consolidation, and ...
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NewsSAS to leave Star for SkyTeam after picking Air France-KLM and Castlelake as investors
Scandinavian carrier SAS has identified Air France-KLM, and financial firms Castlelake and Lind Invest – along with the Danish government – as participants in the successful consortium to provide investment under the company’s equity solicitation process. SAS will eventually become a member of the SkyTeam alliance, leaving its position in ...
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NewsTAP chief upbeat as Portugal set to approve privatisation plan
TAP Air Portugal chief executive Luis Rodrigues is hopeful of completing privatisation of the carrier within the next year as Portugal’s government is expected tomorrow to back a decree covering its planned sale process.
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NewsAir France-KLM to order 50 A350s including -1000s
Air France-KLM Group is to acquire 50 more Airbus A350s, which will include both the -900 and -1000 variants. The company has unveiled a planned order which will also include purchase rights for another 40 aircraft. It says the aircraft will be assigned to the Air France and KLM fleets ...
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PodcastAirline Business Podcast: Strong financials, market ‘normalisation’ and start-up stories
Graham and Lewis look back on another strong set of quarterly results from the global airline industry, while considering whether the coming months will see ‘normalisation’ in more markets.
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NewsAirbus negotiates setting up global A350 MRO venture with Air France-KLM
Airbus has entered exclusive negotiation with Air France-KLM Group to set up a joint venture for global A350 component maintenance by the first half of next year. The venture – envisioned as a 50:50 partnership – would offer supply-chain management, repair, and the establishment of a pool of components. Airbus ...
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsRevenue jump helps privatisation target TAP swing to first-half profit
Privatisation target TAP Air Portugal turned a net profit of €22.9 million ($24.9 million) in the first half of the year, a marked improvement on losses at the same stage of 2022.
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Airline BusinessChallenges remain despite Air France-KLM's steady post-pandemic progress
While there remain plenty of pressures and potential pitfalls ahead, a doubling of profits in the second quarter underlined the steady progress Air France-KLM is making in its recovery out of the pandemic.
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NewsAir France-KLM in talks with Apollo over €1.5bn loyalty programme financing
Air France-KLM is in talks with private equity firm Apollo Global Management over a possible €1.5 billion ($1.66 billion) financing of its loyalty programme Flying Blue.
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NewsAir France-KLM doubles profit in second quarter
Air France-KLM doubled operating profits in the second quarter to €733 million ($810 million) on revenues up 14% on the same period last year.