All Air France-KLM Group articles – Page 6
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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%.
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News
Air 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Air France-KLM has withdrawn the full €1.1 billion ($1.2 billion) available from its revolving credit facility as it looks to shore up cash reserves in the face of the coronavirus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, ...
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News
Air 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.
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In depth
Air 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.
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News
How A4E is answering Europe’s airline sustainability challenge
Sustainability is the hot topic for industry body Airlines for Europe (A4E) as it heads towards its annual Aviation Summit in Brussels on 3 March.
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News
Air France-KLM takes €126m charge for A380 withdrawal
Air France’s withdrawal of the Airbus A380 fleet has resulted in its parent taking a €126 million ($136 million) impairment on the aircraft type. The flag-carrier disclosed last year that it would retire its A380 fleet by 2022, just 13 years after introducing the double-deck type. Air France ...
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News
Fuel costs and cargo slump drag Air France-KLM profits down in 2019
Air France-KLM full-year operating profits slipped nearly a fifth in 2019 as higher fuel costs and a deteriorating cargo market hit its performance.
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News
Jetstar carriers in codeshare partnership with Air France-KLM
Jetstar and Jetstar Asia have signed codesharing agreements with Air France and KLM for flight connections in Singapore and Denpasar. . The deal allows KLM to place its code on Jetstar-operated flights from Denpasar to four Australian destinations, the carrier says. Meanwhile, Air France and ...
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News
Air France orders more A350s to replace A380 fleet
Air France-KLM Group is ordering another 10 Airbus A350-900s, which will be used to replace the company’s Airbus A380 fleet. The aircraft are set to be operated by Air France, which is phasing out its A380s by the end of 2022. Air France-KLM says the decision is in line ...
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News
Air France-KLM seeks new equilibrium with Virgin Atlantic
Air France-KLM has confirmed it is renegotiating with Virgin Atlantic the terms of their planned transatlantic joint venture with Delta Air Lines, after the UK carrier’s majority shareholder Richard Branson disclosed that he had scrapped a plan to sell a stake to the Franco-Dutch group.
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Podcast
PODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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News
DOT approves Delta’s four-way joint venture without Alitalia
The US Department of Transportation has formally approved the joint venture proposed by Delta Air Lines, Air France, KLM and Virgin Atlantic Airways, tentatively approved in August, while agreeing with opponents of the collaboration that Alitalia would definitely not be included under the deal.
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Analysis
Climate tightens in third quarter for European airlines
Third quarter results and commentary from Europe s major airline groups illustrate the tighter markets in which they are operating in as softer yields and the sharp decline in air cargo demand curb profits for airlines in the region.
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Analysis
Why Air France-KLM is keen to reiterate its strategy
Air France-KLM s presentation of its five-year plan on 5 November contained few, if any, surprises.
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News
Air France sees 787s as 'leverage' in A330/777 replacement talks
Air France's Boeing 787s could be phased out of its fleet but in the meantime provide "good leverage" in negotiations about the replacement of early-generation 777s and Airbus A330-200s, Air France-KLM chief Ben Smith has indicated.
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News
Air France-KLM to reinvent itself through simplification: chief
Air France-KLM has reiterated a need for group-wide operational simplification in order to achieve "sustainable profitability".
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News
Air France-KLM's third-quarter profit dips on softer unit revenue
Air France KLM has posted a moderate decline in third-quarter profit after higher fuel costs and weaker unit revenue overwrote a steady growth in passenger numbers.
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News
Transavia names Air France-KLM cargo head as new chief
Air France-KLM's budget carrier Transavia has named Marcel de Nooijer as its new chief executive, succeeding Mattijs ten Brink who departed the company at the end of September.
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Analysis
Simplification key for Air France-KLM future
When Ben Smith took the helm of Air France-KLM a year ago, the SkyTeam carrier group was embroiled in familiar challenges.
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Analysis
Air cargo woes endure amid US-China spat
There are few signs that the air freight market will find any relief from the tough market conditions seen so far in 2019, as the trade spat between the USA and China, and a slowing global economy, dent demand.
