All Air France-KLM Group articles – Page 2
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NewsKLM 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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Newsletter
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 ...
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News
Air France-KLM firms Apollo’s €500m investment through spare engine pool
Air France-KLM Group has signed a €500 million ($501 million) investment agreement with private equity company Apollo Global Management, after the two sides entered talks for a capital injection earlier this year. The agreement involves investment in an operating affiliate of Air France which will own a spare engine pool ...
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News
US DOJ fines Air France-KLM $3.9m for incorrect mail delivery information
The US Department of Justice (DOJ) has settled with Air France-KLM Group for $3.9 million after accusing the European airline company of incorrectly reporting mail delivery information.
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Analysis
Airline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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News
Air France-KLM secures €2.25bn as rights issue oversubscribed
Air France-KLM Group has described its rights issue as successful, after it was oversubscribed by 16%. The company has generated €2.256 billion ($2.35 billion) in final gross proceeds – of which around €1.61 billion is in cash – as a result of the capital increase. These proceeds will be “mostly ...
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Newsletter
Can airline travel disruption be resolved this summer?
The operational issues being seen in several markets are threatening to define the sector’s emergence from Covid-19 in some regions – potentially beyond the short term.
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News
Air France-KLM chief concerned over staff shortage spreading to Paris and 787 delays
The chief executive of Air France-KLM has expressed concern over further staffing shortages and aircraft delivery delays, as he looks ahead to the busiest travel months of the year. Ben Smith’s comments came after tough operational challenges at KLM in recent weeks, where disruption and flight cancellations have affected services ...
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News
Lufthansa confirms joint bid submitted for Italian carrier ITA
Lufthansa has confirmed it has submitted a joint bid with Swiss shipping firm MSC Group for a stake in ITA Airways, though will not be drawn on reports the partners are looking to take a combined 80% holding in the new Italian carrier.
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News
Air France-KLM launches €2.2bn capital increase
Air France-KLM has launched a capital increase to existing shareholders to raise €2.26 billion ($2.4 billion) aimed at repaying state aid secured during the pandemic
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News
Air France-KLM in talks with Apollo over €500m capital injection
Air France-KLM has entered into exclusive talks with private equity firm Apollo Global Management over a €500 million ($527 million) capital injection to an Air France operating affiliate as part of further steps to repay state funds secured during the pandemic.
