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Emirates starts rolling out Premium Economy – at last

Emirates starts rolling out Premium Economy – at last

by Richard Schuurman | Aug 18, 2022 | Airlines | 0 comments

Emirates is to embark on the biggest cabin refurbishment program in its history. Commencing in November and running through April 2025, the carrier will update the interiors of 120 aircraft with Premium Economy seats. Emirates starts rolling out Premium Economy...
Air France-KLM counting on a full-year profit

Air France-KLM counting on a full-year profit

by Richard Schuurman | Jul 29, 2022 | Airlines | 0 comments

Air France-KLM has turned the corner on two difficult Covid-years by producing a net profit for Q2. Although HY1 still produced a loss on the back of a weaker Q1, the airline group expects a “significantly positive” Q3 and a positive full-year result. This is despite...
Air France-KLM successfully completes capital increase

Air France-KLM successfully completes capital increase

by Richard Schuurman | Jun 14, 2022 | Airlines | 0 comments

Air France-KLM has successfully completed the rights issue and raised the planned €2.256 billion, of which €1.611 billion in cash. The capital increase was even oversubscribed at €2.6 billion, the airline group said on June 14. Air France-KLM successfully completes...
MSC/Lufthansa and Certares final bidders for ITA Airways

MSC/Lufthansa and Certares final bidders for ITA Airways

by Richard Schuurman | May 25, 2022 | Airlines | 0 comments

The fight for ITA Airways has entered a new phase, with two parties submitting their bids with the Italian Ministry of Economic Affairs just before midnight on Monday, May 23. They are MSC and Lufthansa on one side and Certares/Delta Airlines/Air France-KLM on the...
Air France-KLM plans to raise 2.3 billion through rights issue

Air France-KLM plans to raise 2.3 billion through rights issue

by Richard Schuurman | May 24, 2022 | Airlines | 0 comments

UPDATE – On the day of its Annual General Meeting in Paris, Air France-KLM announced its long-awaited rights issue. The airline group plans to issue 1.928 million new shares and raise €2.256 billion in fresh capital, of which €400 million will come from French...
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