Air France-KLM has pointed to a deteriorating global situation for a fall in profits during the second quarter of 2016. The group reported a five per cent fall in revenue to €6.22 billion for the three months to June 30th when compared with the same period last year.
European airline Air France-KLM has posted its first annual net profit since 2008. The carrier reported a net profit of €118 million for 2015, compared with a €225 million net loss the year before. The company’s overall sales rose 2.8 per cent to €89.82 billion last year.
Air Astana and two of Europe’s leading airlines, Air France and KLM Royal Dutch Airlines, have deepened their cooperation by signing a codeshare agreement for flights between Astana and Paris operated by Air Astana. Effective for flights from March 11th 2016, this three times a week service will now carry the marketing code of both KLM Royal Dutch Airlines and Air France.
Airlines for Europe, Europe’s new airline association, has officially been launched at an EU Aviation Summit in Amsterdam. The new association has been founded by Europe’s five largest airline groups – Air France KLM, easyJet, International Airlines Group, Lufthansa Group, Ryanair – to represent the interests of its members when dealing with the EU institutions, international organisations and national governments on European aviation issues.
Two Air France managers have been chased from a meeting with employees following a disagreement over job cuts. Human resources manager Xavier Broseta and senior official Pierre Plissonnier has their shirts torn from them as they clambered over a fence to escape irate workers.
KLM Royal Dutch Airlines is set to run a trial with Android smartwatch technology that will provide passengers with specific trip information. Besides supplying passengers with their boarding pass, the app assists with all relevant airport-related activities.
One of Europe’s largest airline groups, Air France KLM, is to commence operations from Northern Ireland. George Best Belfast City Airport is the only airport in the UK or Ireland included in expansion plans announced today by KLM Royal Dutch Airlines who will commence a daily service to Amsterdam Schiphol Airport from May 2015.
Air France and Air Austral have signed a codeshare agreement allowing customers to travel between Europe and the Indian Ocean via Paris-Charles de Gaulle and St. Denis de la Reunion. This partnership is in addition to the previous Interline agreement signed in April 2014 between Air France and Air Austral, and increases the choice of destinations between the Indian Ocean and Europe.
After the success of the KLM aircraft apartment competition, KLM and Airbnb have announced that they will be entering into a long-term partnership. To mark the start of the collaboration, KLM and Airbnb created a competition to win a stay in a KLM aircraft apartment at Amsterdam Airport Schiphol, with three lucky winners staying in the KLM plane apartment.
Attempts to return Air France to sustained profitability suffered a significant setback today, as the flag-carrier bowed to union pressure over plans to develop its Transavia subsidiary outside of France. Pilots at Air France have been out on strike for ten days over perceived threat to their positions after the airline revealed plans to expand the low-cost subsidiary.
Air France KLM has released its financial results for the six months to June, net losses of €614 million. However, this was an improvement of €185 million on the same period of last year.
Air France inaugurated its first Boeing 777 equipped with new cabins on flight AF008, which took off last week from Paris-Charles de Gaulle at 19:10 for New York. For the first time, customers were able to enjoy the new Economy cabin, offering optimum travel comfort, and Premium Economy, with 40 per cent additional space.