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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...
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...
Air France-KLM in talks with Apollo over engine sale deal

Air France-KLM in talks with Apollo over engine sale deal

by Richard Schuurman | May 23, 2022 | Airlines | 0 comments

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 and CMA CGM to form cargo partnership

Air France-KLM and CMA CGM to form cargo partnership

by Richard Schuurman | May 18, 2022 | Aerospace | 0 comments

Air France-KLM and French logistics company CMA CGM Group have signed a ten-year strategic partnership to jointly develop their air cargo market. The two airlines will combine their cargo networks and fleet, and offer their services as one voice to customers. This is...
Air France-KLM bullish about recovery in coming quarters

Air France-KLM bullish about recovery in coming quarters

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

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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