All Air France-KLM Group articles – Page 6
-
InterviewKLM chief Elbers on vaccine boost, state support and ‘building back better’
With a government support package secured and better news on the health outlook, KLM is approaching 2021 on much more ‘solid ground’, according to the airline’s chief executive Pieter Elbers
-
NewsAviation taxes would endanger fleet renewal: Air France-KLM chief
New aviation taxes proposed in France would reduce the ability of Air France-KLM to address its impact on the environment through fleet renewal programmes, according to the group’s chief executive Ben Smith.
-
NewsKLM pilots outline concerns after government freezes rescue loan
KLM pilots have requested talks with the Dutch finance ministry after the government suspended a rescue loan to the airline over its failure to meet the attached labour conditions. Pilot union VNV had held off from signing a commitment clause intended to ensure that labour agreements could be extended ...
-
NewsDutch government suspends rescue loan to KLM
KLM’s proposed restructuring plan has been rejected by the Dutch government, over the failure to secure crucial union commitments, and the airline will not be permitted to make further draws on the loans put forward to support the carrier. The Dutch finance ministry has informed parliament that the first ...
-
News‘Debates remain’ with government on bailout deal: KLM chief
KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected.
-
NewsAir France-KLM laments fresh lockdown as Q3 loss tops €1bn
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year.
-
News’Small flows through hubs’ will lead recovery, says KLM chief
The recovery of international air connectivity will favour KLM’s hub operations above point-to-point services, according to the Dutch flag carrier’s chief executive Pieter Elbers.
-
NewsKLM chief questions aims of EU sustainability policies
Pieter Elbers does not “precisely understand what’s the objective” of some Commission targets
-
AnalysisWinter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
-
NewsFrench pilots strongly back Transavia’s domestic evolution
Air France-KLM Group has secured a vital agreement with pilots which will enable the budget operation Transavia to conduct domestic services in France. French pilot union SNPL has strongly backed the agreement, with members voting over 90% in favour after a turnout of nearly 83%. Air France-KLM says ...
-
NewsAir France-KLM aims to minimise fleet deferrals to keep competitiveness on track
Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan. Air France-KLM states that its competitiveness and sustainability is closely tied to its fleet and network strategy. ...
-
NewsKLM to cut 15% of workforce amid ‘new reality’
Dutch carrier KLM is to cut up to 5,000 full-time positions to “adapt its size to the new reality” created by the coronavirus pandemic.
-
NewsAir France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter. But it says it intends to keep the schedule of committed fleet deliveries for 2021-25 “as much as possible intact”, and ...
-
NewsAir France-KLM targets 60% capacity recovery by year-end
Air France-KLM expects to operate 20% of previously planned capacity during the third quarter but raise the level to 60% by year-end.
-
NewsAir France-KLM Group carriers secure Franco-Dutch financial package
Air France-KLM Group has secured government funding to help the operator cope with the impact of the coronavirus crisis. The group had previously warned that, despite measures to preserve liquidity, it would need a capital injection in the third quarter of this year. It has negotiated a French ...
-
NewsAir France-KLM running ‘skeleton operation’ in April and May
Air France-KLM slashed capacity by more than a third in March and will run a “skeleton operation” throughout April and May.
-
NewsAir France A380s and KLM 747s grounded amid major capacity cuts
Air France is to ground its Airbus A380s and its Dutch sibling carrier KLM its full Boeing 747 fleet as part of wider capacity cuts the group expects will result in in potential cuts in its ASK capacity of between 70% and 90%.
-
NewsAir France-KLM draws down €1.1bn credit facility
Air France-KLM has withdrawn the full €1.1 billion ($1.2 billion) available from its revolving credit facility as it looks to shore up cash reserves in the face of the coronavirus outbreak. The funds are renewable at the group’s request for one-, three- or six-month periods until 6 November 2022, ...
-
NewsAir France-KLM traffic fall in February shows first signs of impact
Air France-KLM figures showing traffic on Asia-Pacific routes down a quarter in February provide the first clear passenger data illustrating the impact on European carriers of the coronavirus outbreak.
-
In depthAir France-KLM studies fleet options if coronavirus impact lasts
Air France-KLM is considering how it could redeploy summer capacity to other markets where demand is stronger in the event of an extended coronavirus impact on its Chinese and broader Asian networks.