The commission concluded the transaction would raise no competition concerns in the European Economic Area.
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.
Hotel giant AccorHotels has dropped plans for a potential stake in Air France-KLM. In June, as part of its strategy to develop its range of services in the travel space, Accor had stated it was considering the establishment of a strategic alliance with the airline group.
Air France-KLM has completed the acquisition of a 31 per cent stake in Virgin Atlantic currently held by Virgin Group. The deal is valued at around £220 million and is part of an expanded transatlantic joint venture with Delta Air Lines.
Air France and bmi have announced a brand-new codeshare partnership on bmi’s Bristol to Paris service. Commencing for travel from May 14th, the partnership will provide business and leisure customers from Bristol Airport with access to 25 French cities via Air France’s award-winning hub at Paris Charles de Gaulle Airport.
American Express Global Business Travel has reached an agreement with Air France-KLM that enables customers to bypass a surcharge on air fares through participating global distribution systems, while maintaining access to content.
Expedia Group has confirmed that its customers in all European markets (including the UK and Switzerland) will not be charged the distribution surcharge on flights from Air France, KLM and the carriers’ low-cost affiliate, Hop!.
Travelport and Air France KLM have signed an agreement for the distribution of content through the tech giant’s platform. Air France, KLM and Hop! content on Travelport’s platform will include the company’s leading rich content, branded fares, fare families and multiple ancillaries.
As of June 8th, Air France will hand over its Paris Charles de Gaulle to Mumbai service to Joon, its new-generation subsidiary. The group’s little sister will connect the two cities with a daily flight operated by Airbus A340.
Delta Air Lines is deepening its longstanding and industry-leading partnership with Air France-KLM Group with a €375 million investment to acquire ten per cent equity in the joint venture partner and a seat on the Air France-KLM Group board.
Air France-KLM Group, Delta Air Lines and Virgin Atlantic have announced their intention to expand their strategic partnership and offer customers access to the most comprehensive transatlantic route network via an extensive joint venture. Under the deal, Air France-KLM will acquire a 31 per cent stake in Virgin Atlantic from the holding currently held by Virgin Group.
Singapore Airlines and regional subsidiary SilkAir have signed a memorandum of understanding with Air France-KLM to codeshare on each other’s flights with effect from April 2017. Under the agreement, which is subject to regulatory approvals, Singapore Airlines will add its ‘SQ’ designator code to Air France-operated flights beyond Paris to ten destinations - Aberdeen, Bordeaux, Edinburgh, Lisbon, Lyon, Madrid, Marseille, Newcastle, Nice and Toulouse.