In what usually is its strongest quarter, Air France-KLM’s Q3 results outperformed those of 2019. This mirrors the situation of Lufthansa Group on Thursday. Long-haul and cargo have been very strong, but short-haul is still a bit behind. Air France-KLM also back...
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...
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...
Air France-KLM intends to sell part of the equity of Air France Engineering & Maintenance to Apollo Global Management, a New York-based asset management company. The negotiations are for a number of spare engines that are owned by the AF affiliate. Air France-KLM...
Air France-KLM is on track for a strong recovery to profitability and will produce ‘a significantly positive’ operating result in the third quarter. After suffering deep losses in the past couple of Covid-years, the airline group reduced its Q1 net loss by more than...
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