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 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.

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.

Air France-KLM has reported disappointing third quarter financial results, with net profits dropping €420 million to €366 million for the three months to September 30th. There was, however, a two per cent gain in revenue to €7.7 billion.

Virgin Atlantic is partnering with Air France-KLM to enhance the bluebiz small and medium-sized enterprise corporate loyalty programme in the UK. These up-and-coming businesses have always been key to the Virgin Atlantic brand, the airline said.

Current Air Canada chief operating officer Benjamin Smith has been selected by Air France-KLM as its next chief executive. Smith has played a major role at Air Canada over the past two decades, and becomes the first overseas leader of Air France-KLM.