Air France Klm News
Air France and KLM extend Amadeus full content distribution agreement until December 2013
Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry and Air France - KLM, the largest airline group in Europe, have agreed to extend their full content agreement until December 2013.
Air France to cut 1,700 jobs as losses widen
Air France-KLM is to cut 1,700 jobs next year after posting a worse-than-expected quarterly loss. The Franco-Dutch carrier, which is already cutting 3,000 jobs this year, reported a net loss of €147m, which it blamed on fuel hedging losses and poor cargo traffic.
Air France-KLM warns on huge profit slump
Europe’s largest airline, Air France-KLM has issued a stark profit warning, whilst also disclosing that it has dropped into the red for the current financial year.The aviation giant has said its operating loss is running at around €200m for the past 12 months and warned that the outlook appears similarly bleak for the forthcoming year.
Air France KLM cuts schedule as demand falls
The Air France KLM Group’s summer 2009 schedule (29 March - 25 October) has been adjusted in line with the sharp decline in demand caused by the economic crisis which is affecting all corners of the world.
Air France-KLM to axe up to 1,200 jobs
Air France-KLM is to cut as many as 1,200 jobs after weak ticket revenues and dwindling cargo volumes forced a sharp rise in third-quarter losses to €200 million.The Franco-Dutch group unveiled a cost-cutting programme of €1.2 billion. The job cuts, which will include some 450 managers, will be through natural attrition and no one will be fired, spokesman Nicolas Petteau promised.
Air France chief denies Alitalia take-over pact
Air France-KLM has denied negotiating a secret pact to acquire control of Alitalia at some future date, the French group’s chairman said in an interview in Italian newspaper Il Sole 24 Ore.“There is no secret pact, no side letter,” Jean Cyril Spinetta was quoted as saying.
Air France KLM to boost Middle East service
Overall, seat capacity for the Air France KLM Group is to increase by 5.2% in the forthcoming 2007/2008 winter season compared to the same season last year, rising 6.2% in the long-haul network and 1.8% in the short and medium-haul network.
