On the back of a strong second quarter, TAP Portugal reported improved results and reduced losses for the quarter and first six months. But the airline is still in restructuring and needs state support, although it is considering refinancing its debts,…
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…
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…