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Air France cuts workforce by 7.580

Air France intends to cut its workforce by 7.580, becoming another airline that has to adapt to the post Covid-19 situation. Earlier, it was expected that up to 8.300 staff had to go, so the announcement on July 3 is little consolation to those effected. The French...

KLM secures 3.4 billion state aid package

The Dutch government finally agreed on the state aid package for KLM on June 26, announcing the airline will receive EUR 3.4 billion in loans and state-guaranteed loans. A majority of Dutch parliament approved the package on July 2, but not without critical remarks....

Air France-KLM: -1.8 billion Q1 loss and worse to come

Air France-KLM recorded deep-red results for Q1 2020, reporting a EUR -1.803 billion net loss including exceptional items. It felt the impact of the Covid 19-restrictions especially in March, which doesn’t bode well for Q2 when the situation has been even more...

Air France-KLM given a 9-11 billion lifeline

Air France and KLM will benefit from a combined EUR 9 to 11 billion in state aid from the French and Dutch governments, both announced separately on April 24. The package will give the Franco-Dutch airline group much-needed liquidity to bridge at least the next couple...
100 Years of KLM

100 Years of KLM

October 7th, 2019 marks a unique occasion in the world of commercial aviation, something that had never happened...