Air France-KLM has entered exclusive negotiations with CFM on a huge engine order for the 100 Airbus A320neo’s and A321neo’s plus 60 options it wants to buy for KLM, Transavia, and Transavia France. In a media statement released on Monday night…
Air France-KLM Group CEO Ben Smith doesn’t seem too worried about the prospect of Lufthansa and sea shipping company MSC buying into Italian carrier ITA Airways. If the German/Swiss group gets a majority share in ITA, that doesn’t mean that…
Air France-KLM is most happy with its Q4 results, which despite the effects of Omicron produced a positive operating result and good load factors. At 3.7 percent, the operating margin has been above the level of Q4 2019, the airline…
Air France-KLM is following in the footsteps of Lufthansa by repaying its loans and reducing net debt. The airline has redeemed €500 million of the €4.0 billion that was provided earlier this year by a syndicate of nine banks and guaranteed…
Air France-KLM is getting back to profitability, thanks to what it describes as “a good summer season.” In Q3, the carrier recorded its first operating profit since the start of the Covid-crisis at €72 million, although the net result was…
Higher revenues, more passengers, but still a lower net result. That describes the fiscal year 2019 for Air France-KLM. The Franco-Dutch airline group recorded a net income in 2019 of EUR 290 million compared to 420 million in 2018 (a…