All Air France-KLM Group articles – Page 4
-
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 ...
-
News
Air 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 ...
-
News
KLM discussing replacements for 737NGs
KLM is “in the midst” of discussing a possible narrowbody aircraft order with Airbus and Boeing.
-
News
Air 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.
-
Analysis
Why 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”.
-
News
European 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.
-
Analysis
How 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.
-
News
Europe’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.
-
News
Air 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
-
Analysis
Will 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
-
News
Air France-KLM expects 60-65% summer capacity amid long-haul uncertainty
Air France-KLM is seeing demand return for intra-European travel this summer amid the unlocking of travel restrictions across the region, but uncertainty persists for the group’s key long-haul operations.
-
News
Time for action on reopening UK-US market: Gallego
IAG chief executive Luis Gallego is calling for action in re-opening the US-UK aviation market after plans for a taskforce to study the opening up of the market emerged.
-
Analysis
Airlines frustrated at UK travel ‘green list’ but Europe still on recovery course
The mood music is undeniably improving across a European region where vaccination programmes have ramped up significantly in recent weeks.
-
News
Air France-KLM eyes positive returns this summer
Air France-KLM executives believe the group could return to cash-positive operations over the summer if the vaccine rollout delivers the hoped-for recovery in travel demand.
-
News
Air France-KLM ponders equity moves as first-quarter loss widens
Air France-KLM is considering further equity measures to strengthen its balance sheet after first-quarter operating losses deepened to €1.18 billion ($1.42 billion). Group revenues of €2.2 billion for the three months ending March 2021 were down 55% on the same period last year, during which the pandemic impact was ...
-
News
IATA chief sees airlines ‘more cautious’ in post-pandemic networks
A focus on tackling the mounting debt burden is likely to result in airlines adopting a more cautious approach to building back their networks post-pandemic, believes new IATA director general Willie Walsh.
-
News
Smith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
-
News
French state to double Air France-KLM stake as part of recapitalisation
The European Commission has approved a €4 billion recapitalisation of Air France that will see the French state double its holding in Air France-KLM.
-
News
Air France-KLM aims to emerge leaner from Covid-19
Air France-KLM has warned that, with no sign of a recovery from currently dire trading conditions, it plans to shrink and become a leaner, more efficient outfit.
-
News
Air France-KLM braced for tough first quarter after €7bn loss in 2020
Air France-KLM is warning of an even more challenging first quarter of 2021 before it hopes to lift capacity in the summer after today posting a group net loss of €7.1 billion ($8.6 billion) for the pandemic-hit 2020
