Air France Klm News
Delta, Air France-KLM and Alitalia to cull transatlantic flights
Delta Air Lines, Air France-KLM and Alitalia have announced plans to cut their transatlantic services from autumn against a backdrop of rising fuel prices and excess capacity. The reductions are likely to push fares higher and leave passengers with fewer choices.
Delta, Air France, KLM launch Florida expansion
Delta Air Lines and the Air France-KLM Group kick off a major international expansion this week with new flights connecting Florida with three major European cities: London, Paris and Amsterdam.
Air France-KLM/Delta mull Virgin Atlantic acquisition
Air France-KLM of Europe has teamed up with United States-based Delta Air Lines to consider a bid for Virgin Atlantic. Owner Richard Branson is presently considering his options for the carrier in an increasingly competitive market.
Air France-KLM/Delta mull Virgin Atlantic acquisition
British and French mobile operators are poised to strike a deal that would provide mobile phone coverage in the Channel Tunnel in time for the 2012 Olympics. London Mayor, Boris Johnson, is also aiming to bring 2G and 3G coverage to the Tube ahead of the games.
New UAE visas set to hit Canadian travellers
Canadian visitors to the United Arab Emirates face paying up to $1,000 for a visa following a diplomatic spat between the two countries. The controversial move follows a decision by the Canadian government to refuse extra landing rights at the country’s airports to two major UAE airlines.
Air France boosted by full-year profit forecast
Air France-KLM Group has seen its stock rise this morning, as Europe’s largest carrier raised its full-year profit forecast. The French carrier forecast an operating profit for the year ending March 2011 on resurgent bookings, from an earlier prediction for breakeven.
Air France-KLM eyes new low-cost carrier
Air France-KLM could launch a “low-cost” domestic carrier in a bid to win back market share in France from budget rivals. Dubbed “Air France Express”, the pan-European carrier could start service as early as next year from a series of bases across southern France.
Air France-KLM to pay $87m price-fixing fine
Air France-KLM has agreed to pay $87m in settlement for civil damages relating to price fixing in its cargo division. It joins the likes of British Airways, Cathay Pacific, Qantas and Korean Air, which have all paid significant fines following an undercover investigation into global air freight price fixing between 2000 and 2006.
Alitalia joins trans-Atlantic joint venture
Italian flag-carrier Alitalia has joined a trans-Atlantic venture with Air France-KLM and Delta Airlines. With the addition of the rejuvenated Italian carrier the venture now represents approximately 26 per cent of total trans-Atlantic capacity – with 250 flights and approximately 55,000 seats each day.
Air France ends “annus horribilis” with record €1.6bn loss
Air France-KLM has reported a record loss of €1.56 billion in what its chief executive described as the airline’s “annus horribilis”. After a year marked by the crash of Flight 447 off the coast of Brazil, Europe’s largest airline blamed the losses on passengers shifting to low-cost carriers and downgrading from business to economy.
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.