All Air France-KLM Group articles – Page 3
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NewsAir 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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PodcastAirline 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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NewsAirbus 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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Airline BusinessAirline 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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NewsRevenue 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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Airline BusinessChallenges 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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NewsAir 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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NewsAir 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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NewsAir 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 BusinessKLM 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 BusinessAirline 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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NewsKLM 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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NewsAir 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 BusinessAir 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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NewsAir 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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NewsAir 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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NewsAir 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 BusinessAirline 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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NewsAir 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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NewsAir 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.