Airbus and a number of major airlines – including Air Canada, Air France-KLM, easyJet, IAG and Lufthansa – have signed Letters of Intent to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology.
Further to the lifting of the Air Bubble Agreement in India and to the necessary governmental approval, Air France-KLM and IndiGo have implemented the extensive codeshare agreement announced in December 2021.
As government lockdowns to control Covid-19 continued across Europe, the group flew 4.8 million passengers during the quarter, down nearly three quarters from last year.
Passenger numbers fell 67 per cent last year, the airline said in a statement earlier, while revenue fell 59 per cent compared to the previous year.
Air France-KLM added the new lockdown imposed by the French government amid rising cases of coronavirus across Europe will weigh on performance through the fourth quarter of this year.
Air France-KLM has reported a €1.5 billion loss for the second quarter as the Covid-19 continues to take a huge toll on the global aviation sector.
Air France-KLM has reported a first quarter operating loss of €815 million as the coronavirus pandemic begins to show up in financial results. Though only the last two weeks of the three-month period were impacted, the carrier reported substantial losses.
Air France-KLM has secured at least €7 billion in government funds as the group seeks to overcome a collapse in travel demand in the midst of the coronavirus pandemic. The Franco-Dutch airline group is struggling to stay afloat because amid a raft of limitations on travel.
Air France-KLM has reported a 31 per cent drop in net profit, to €290 million, for 2019. The news comes on the back of a falloff in freight and rising fuel bills.
Virgin Atlantic, Delta, Air France and KLM have launched a new expanded joint venture. The deal is designed to offer a greater choice of routes and loyalty options when travelling between Europe, the United Kingdom and North America.
Air France-KLM has firmed up an order for 60 Airbus A220-300 aircraft to modernise its single-aisle fleet. The aircraft are intended to be operated by Air France.