All Air France-KLM Group articles – Page 4
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Airline Business
How far through recovery are European airlines?
A carrier-by-carrier guide to the progress European airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
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Airline Business
Airline Business performance tracker: Europe Q3 2022
Key data from the most-recent European earnings period – the third 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 to launch €300m offering to further repay state aid
Air France-KLM is to launch a new €300 million ($311 million) offering in a further step to accelerate the repayment of French state aid it received in response to the the Covid crisis.
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News
Air France-KLM repays €1bn of state loan early after strong results
Air France-KLM Group has repaid early part of the outstanding state-backed loan granted to support the company during the pandemic.
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Podcast
Airline Business Podcast: Record revenues, cargo concerns, ICAO deal and Latin latest
Graham and Lewis discuss a strong third-quarter results season for airlines in Europe and North America, as constrained capacity met surging demand. They also examine the recent ICAO agreement on emissions and the latest in the Latin American airline industry
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News
TAP chief welcomes acquisition interest as carrier reports record Q3 revenue
TAP Air Portugal’s chief executive has welcomed the interest from Air France-KLM – and potentially others – in acquiring a stake in the Star Alliance carrier as it reported its highest-ever third-quarter revenue and forecast a “good” full-year performance.
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News
Air France-KLM eyes TAP, Transavia and territories for growth as ITA deadline nears
Air France-KLM is studying consolidation opportunities in Europe and beyond as the exclusivity period for negotiations on an ITA Airways stake comes to an end, but also cites firm plans to expand within the limits of its current operations.
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News
Air France-KLM operating profit tops €1bn in Q3 despite Schiphol challenges
Air France-KLM expressed confidence about the winter demand outlook as it reported an operating profit of €1.02 billion ($1.02 billion) for the third quarter of 2022.
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Airline Business
Mixed signals for Europe despite strong traffic recovery
European budget operators Ryanair and Wizz Air outlined the continued strength of air traffic demand in figures for September released this week. The carriers are the first in the region to release traffic data each month and figures for both confirm strong summer demand has continued.
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News
KLM and Transavia seek to expand unruly passenger data-sharing initiative
Air France-KLM Group carriers KLM and Transavia are to exchange data on disruptive passengers in order to impose mutual penalties irrespective of the airline involved. KLM claims the arrangement is the first in the world to involve such data-sharing, and the operators are seeking to broaden the initiative to other ...
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News
Air France-KLM alliances chief to head SkyTeam
SkyTeam has named Air France-KLM’s head of alliances Patrick Roux as its new managing director in succession to Kristin Colvile.
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Airline Business
Airline partnership activity intensifies
In January, we posed the question: ‘If 2022 is not the year for new airline partnerships, when will be?’ It seemed logical that the Covid-19 crisis would prompt wounded carriers to see greater value in shoring up their market positions and/or expanding networks via closer relationships with other operators. And ...
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Podcast
Airline Business Podcast: Winter worries, Emirates-United tie-up, Frontier and Blue Air
Graham and Lewis discuss the transition from a positive summer period in terms of demand and - in some cases - profits to an uncertain winter, with a long list of challenges clouding the 2023 outlook.
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News
Transavia France to debut A320neo in 2023 as fleet expands
Transavia France will expand its fleet by 10 aircraft for the 2023 summer season, as the Air France-KLM unit plots growth into markets including Turkey.
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News
Italy to open exclusive talks with Air France-KLM, Delta consortium over ITA sale
Italy’s finance ministry is to begin exclusive negotiations with a consortium comprising Certares, Air France-KLM and Delta Air Lines to take control of Alitalia successor ITA Airways.
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News
KLM promotes hub head to chief operating officer role
KLM has promoted its current senior vice-president of hub operations, Maarten Stienen, to fill its vacant chief operating officer role.
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News
Legal action possible as Air France-KLM vows to fight Schiphol cap
Air France-KLM may take legal action over the Dutch government’s recent decision to permanently cap the number of flights from Amsterdam Schiphol airport. KLM warned in late June of “dramatic consequences” for its hub operations after the government moved to permanently cut the annual flight limit from the airport by ...
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News
Air France enjoys Paris yield boost from Norwegian long-haul exit
Norwegian’s exit from the long-haul sector is helping to drive “very impressive yields” for Air France at its Paris Charles de Gaulle hub. The Scandinavian carrier announced it would drop its long-haul services in January 2021 – formally scrapping a host of pre-Covid US services from Paris in the process ...
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News
Air France-KLM records Q2 net profit in ‘very exceptional times’
Air France-KLM recorded a quarterly net profit for the first time since 2019 in the second three months of this year, driven by resurgent revenues and high yields as Covid-related travel restrictions fell away. The result comes despite the “severe operational disruption” being seen in the group’s markets, it says, ...
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News
Air France-KLM chief expects operational challenges to last ‘many years’
Air France-KLM chief executive Ben Smith sees some of the operational disruption in airline markets as a years-long issue, amid a lack of near-term fixes. Smith was speaking as Air France-KLM revealed it was profitable on a net and operating basis in the second quarter of 2022, driven by a ...