All Air France-KLM Group articles – Page 3
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News
Air France-KLM seals €500m financing with Apollo for engineering unit
Air France-KLM has sealed an agreement with fund manager Apollo Global Management to raise €500 million ($559 million) to support an engineering affiliate of Air France which owns components.
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Airline Business
KLM chief on Schiphol, sustainability, group dynamics, pilots and Airbus switch
Marjan Rintel says the Dutch flag carrier is back on its feet after the Covid-19 crisis – but that ‘normality’ has also delivered fresh challenges
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Airline Business
Airline Business performance tracker: Europe Q1 2023
Key data from the most-recent European earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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News
KLM expects first A320neos ‘next year’ amid industry-wide delivery delays
KLM expects to receive its first Airbus A320neo-family jets in 2024 amid industry-wide aircraft delivery delays.
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News
Air France-KLM chief sees fleet flexibility helping counter delivery concerns
Air France-KLM chief executive Ben Smith believes the ability to adjust the pace of its widebody fleet renewal gives it the necessary agility to counter any aircraft deliveries delays with right-sized aircraft.
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Airline Business
Air France-KLM upbeat over summer outlook but Schiphol cloud remains
Over the course of the shared years since Air France and KLM came together it has always been the French carrier whose challenges have dwarfed those of its Dutch partner.
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News
Air France-KLM keeping partner options open for Latin market
Air France-KLM is still studying long-term partnership options in both Europe and South America to bolster its position in the Latin American market.
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News
Air France-KLM narrows loss as revenues surge in first quarter
Air France-KLM posted an operating loss of €306 million ($338 million) for the first quarter on revenue 42% higher than the same stage of last year at €6.33 billion.
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News
Air France-KLM cargo tie-up with CMA CGM formally takes effect
Air France-KLM Group has formally commenced its strategic partnership with logistics specialist CMA CGM Group, originally disclosed last year. The 10-year tie-up will involve Air France-KLM’s Martinair Cargo division combine its network and freighter capacity with that of CMA CGM’s air cargo operation. Air France-KLM says the agreement has received ...
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Airline Business
Airline Business performance tracker: Europe Q4 2022
Key data from the most-recent European earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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News
Air France-KLM repays last of French Covid-19 state aid
Air France-KLM has today repaid the remaining €2.5 billion ($2.7 billion) from the €4 billion French state-backed loan it was granted during the Covid-19 crisis.
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News
Air France-KLM cites relief from ‘astronomical’ Russian fees as it ramps up China capacity
The “astronomical” charges imposed by Russia to overfly the country mean Air France-KLM is not seeing a significant financial impact from having to circumnavigate its airspace on flights to Asia, according to the group’s chief executive.
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News
Air France-KLM chief reiterates TAP interest as group prepares to exit M&A restrictions
The chief executive of Air France-KLM has reiterated the group’s interest in acquiring TAP Air Portugal as it moves to exit restrictions attached to Covid-era state aid.
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News
Air France-KLM expects to exit state aid restrictions in April after swinging to full-year profit
Air France-KLM will in April exit restrictions linked to financial support received from the Dutch and French governments during the pandemic, under plans unveiled as it released its full-year earnings on 17 February.
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News
KLM and Swiss latest European carriers to restore China services
Dutch carrier KLM is to restore services to Beijing and increase frequencies to Shanghai this summer, while Swiss International Air Lines will resume passenger flights to the latter Chinese city.
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News
KLM to take A350 freighters while Air France reinforces A350-900 fleet
Air France-KLM Group has agreed to order four Airbus A350 freighters which its Martinair division will operate for KLM Cargo. The group will also order another three A350-900s for the Air France fleet.
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News
Lufthansa submits bid for ITA Airways as it seeks exclusive talks
Lufthansa has submitted an offer for ITA Airways under which it aims to secure a deal to initially acquire a minority stake in the Italian carrier with an option to take full ownership at a later date.
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News
Hop chief lands at Transavia France as Stubler takes group decarbonisation role
Transavia France chief executive Nathalie Stubler is take a up a new role as special advisor for Air France-KLM ’s decarbonisation strategy and will be succeeded at the leisure unit by the current head of Air France regional carrier Hop.
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Airline Business
Airline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world
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Podcast
Airline Business Podcast: Standout stories from 2022
Graham and Lewis discuss some of the most interesting developments from the past 12 months