Air France-KLM expects its fuel bill to reach $9.3 billion this year, up $2.4 billion compared to last year. That’s higher than the $2.0 billion Group CEO Ben Smith guided some weeks ago after the war in the Middle East…
The race is on for TAP Air Portugal. Both Air France-KLM and Lufthansa Group have filed non-binding offers for a minority stake in the Portuguese national carrier, meeting the April 2 deadline set by the government. This starts an evaluation…
It’s not that long ago that when speaking of Air France-KLM’s results, the onus was on Air France. That’s no more. It’s Dutch flag carrier KLM that has work to do, operating in the most difficult environment of high costs…
The Portuguese government has settled on a price for a minority stake in TAP Air Portugal , as potential airline investors have circled the Portuguese carrier for several years, especially after the pandemic. According to a report by the Spain-based…
European airline group Air France-KLM posted a first quarter 2024 loss, albeit on increased revenues from the prior year. Revenues grew in the quarter to €6.7 billion, which is 5.1% higher year-over-year. The group posted a net loss of (€489)…
British Airways, IAG Group, and Air France/KLM reported strong profits for 2023 as Europe’s aviation industry continues to rebound from the global pandemic. IAG had a solid fourth quarter and year, while AF/KLM had a 4th quarter loss but a…