All Air France-KLM Group articles – Page 6
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News‘Big surprise’ from Air France-KLM as it beats pre-Covid profit in fourth quarter
Air France-KLM’s cost-cutting and restructuring efforts helped it achieve a fourth-quarter 2021 operating profit ahead of that recorded in the same period of 2019.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsEU assurances on airport slots not enough for Air France-KLM and Lufthansa
European Commission assurances that existing airport slot regulations make so-called ‘ghost flights’ unnecessary have failed to placate two of the region’s largest airline groups, with both Air France-KLM and Lufthansa Group since asking for rules to be relaxed during the current northern hemisphere winter season.
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NewsKLM chief Elbers to step down in 2023 when second term ends
KLM chief executive Pieter Elbers will step down from the role at the start of May 2023 when his second term in the position comes to an end.
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Airline BusinessAir France-KLM sustainable-fuel ticket levy may herald wider trend
Air France-KLM Group airlines are adding a sustainable aviation fuel (SAF) levy to ticket sales as they seek to increase its use – voluntarily in the case of KLM and mandated by the government when it comes to the business’s French operations.
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Airline BusinessHow far through the crisis are Europe’s biggest airlines?
For European airlines, momentum had been growing across the year, in line with the successful roll-out of vaccination programmes. European short-haul travel began opening up in the summer with the lifting of quarantine requirements for fully vaccinated travellers. That notably stepped up in the second half of the summer and into an extended shoulder season for leisure travel.
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NewsAir France-KLM signs for up to 160 A320neos and eight A350 freighters
Air France-KLM has signed for up to 160 Airbus A320neo-family aircraft, including 100 firm orders, and has become the fourth customer to commit to buying the manufacturer’s new A350 Freighter.
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NewsAir France-KLM takes first step in state-loan repayment
Air France-KLM has taken a first step in repaying the €4 billion French state-backed bank loan it secured during the Covid crisis by redeeming €500 million of it.
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NewsParis and Amsterdam airport operators start untying cross-shareholding pact
Paris Charles de Gaulle and Amsterdam Schiphol airports’ operators have started unwinding their cross-participation share agreement, after opting not to extend it further. Groupe ADP and Royal Schiphol Group sealed the agreement in 2008, each company taking an 8% shareholding in the other. It reflected the combination of their main ...
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NewsSustainable aviation fuel no longer a ‘chicken and egg’ issue: KLM chief
Genuine momentum has built up behind the development of sustainable aviation fuel over the past two years, in the view of KLM chief executive Pieter Elbers, reflecting a growing focus on the issue among key stakeholders.
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NewsProfitable Transavia reflects rebound in European leisure activity
Budget carrier Transavia’s third-quarter operating profit of €105 million ($123 million) reflected strong recovery in leisure demand within Europe. Transavia’s capacity returned to around 85% of the pre-crisis level for the same quarter, and load factor exceeded 78%. Parent company Air France-KLM adds that the budget airline’s yield over the ...
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NewsAir France-KLM awaits Asia re-opening as it turns in third-quarter operating profit
Air France-KLM Group is expecting its overall capacity for the fourth quarter to be some 25-30% down on the same period in pre-crisis 2019. The company gave the estimate as it demonstrated gradual recovery by posting a third-quarter operating profit of €132 million ($154 million). But it is not giving ...
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NewsKLM discussing replacements for 737NGs
KLM is “in the midst” of discussing a possible narrowbody aircraft order with Airbus and Boeing.
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NewsAir France outlines network plan as it receives first Airbus A220
Air France has taken delivery of its first of 60 Airbus A220-300 jets and outlined the initial destinations to be served by the type.
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Airline BusinessWhy airlines are delighted about the full return of transatlantic travel
Lufthansa Group chief executive Carsten Spohr described the development as “a major step out of the crisis”, while IATA director general Willie Walsh called it “a major step forward”.
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NewsEuropean airline shares rise as US signals full restart of transatlantic travel
The big European network airlines saw their share prices increase sharply on 20 September amid reports that the US government might soon announce a relaxation of its border controls for European visitors.
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Airline BusinessHow European airline capacity expectations are shaping up
As the easing in Covid travel restrictions and vaccination roll-out across Europe slowly progresses, airlines in the region have been mapping out how quickly to ramp up capacity.
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NewsEurope’s airlines cautiously embrace signs of strong demand recovery
News that flight numbers in Europe exceeded Eurocontrol’s best-case scenario in July reflects the beginnings of a strong demand recovery in the region.
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NewsAir France-KLM sees first signs of Covid-19 recovery in Q2 results
Reporting its latest financial results today, the European group notes that it expects EBITDA to be positive in the third quarter but cautions that the outlook for the final three months of the year is unclear
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Airline BusinessWill Europe’s airlines see a strong recovery in the second half of 2021?
As the second quarter draws to a close, there are signs that the second half of the year holds more promise for short-haul travel at least