All Air France-KLM Group articles – Page 8
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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.
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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.
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NewsKLM chief questions aims of EU sustainability policies
Pieter Elbers does not “precisely understand what’s the objective” of some Commission targets
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Airline BusinessWinter 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.
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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 the vote ...
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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. “Mid- ...
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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.
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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 is ...
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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.
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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 state-backed loan ...
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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.
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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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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, giving ...
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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.
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NewsAir 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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NewsHow 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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NewsAir 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 originally ordered ...
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NewsFuel 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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NewsJetstar 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 KLM will ...
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NewsAir 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 with ...