All Air France-KLM Group articles – Page 2
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News
Transavia 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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Podcast
Airline 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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Analysis
European 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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News
Air 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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News
SAS 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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News
TAP 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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News
Air 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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Podcast
Airline 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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News
Airbus 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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Analysis
Airline 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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News
Revenue 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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Analysis
Challenges 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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News
Air 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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News
Air 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.
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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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Interview
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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Analysis
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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Analysis
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.