All Air France-KLM Group articles – Page 6
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News
KLM chief Elbers to step down in 2023 when second term ends
KLM chief executive Pieter Elbers will step down from the role at the start of May 2023 when his second term in the position comes to an end.
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Airline Business
Air France-KLM sustainable-fuel ticket levy may herald wider trend
Air France-KLM Group airlines are adding a sustainable aviation fuel (SAF) levy to ticket sales as they seek to increase its use – voluntarily in the case of KLM and mandated by the government when it comes to the business’s French operations.
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Airline Business
How far through the crisis are Europe’s biggest airlines?
For European airlines, momentum had been growing across the year, in line with the successful roll-out of vaccination programmes. European short-haul travel began opening up in the summer with the lifting of quarantine requirements for fully vaccinated travellers. That notably stepped up in the second half of the summer and into an extended shoulder season for leisure travel.
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News
Air France-KLM signs for up to 160 A320neos and eight A350 freighters
Air France-KLM has signed for up to 160 Airbus A320neo-family aircraft, including 100 firm orders, and has become the fourth customer to commit to buying the manufacturer’s new A350 Freighter.
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News
Air France-KLM takes first step in state-loan repayment
Air France-KLM has taken a first step in repaying the €4 billion French state-backed bank loan it secured during the Covid crisis by redeeming €500 million of it.
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News
Paris and Amsterdam airport operators start untying cross-shareholding pact
Paris Charles de Gaulle and Amsterdam Schiphol airports’ operators have started unwinding their cross-participation share agreement, after opting not to extend it further. Groupe ADP and Royal Schiphol Group sealed the agreement in 2008, each company taking an 8% shareholding in the other. It reflected the combination of their main ...
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News
Sustainable aviation fuel no longer a ‘chicken and egg’ issue: KLM chief
Genuine momentum has built up behind the development of sustainable aviation fuel over the past two years, in the view of KLM chief executive Pieter Elbers, reflecting a growing focus on the issue among key stakeholders.
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News
Profitable 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 ...
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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 ...
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News
KLM discussing replacements for 737NGs
KLM is “in the midst” of discussing a possible narrowbody aircraft order with Airbus and Boeing.
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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.
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Airline Business
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”.
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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.
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Airline Business
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.
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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.
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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
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Airline Business
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
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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.
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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.
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Airline Business
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.