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...However, shares in Air France-KLM hit a record low on the same day the company announced a record profit in the third quarter....
...In August, the Financial Times reported that Europe’s three major airline groups — Air France-KLM, IAG and Lufthansa — had recorded a drop in the rate of recovery in corporate travel this year because of...
...But Air France-KLM chief executive Ben Smith rejected the suggestion that the airline was deliberately misleading on its green credentials....
...In the first nine months of 2023, Air France-KLM’s cargo revenues were down 31 per cent on the previous year....
...But the bosses of Lufthansa and Air France-KLM said their airlines have slashed their direct flights to many major Asian economies because of competition from Gulf airlines, which often offer cheaper fares...
...Rival Air France-KLM also reported booming demand for travel on Thursday, but its shares fell nearly 10 per cent in morning trading after the company posted a €256mn fourth-quarter loss, which it blamed...
...Business passengers in particular had continued to stick to Air France-KLM routes, he added....
...Attention will focus on the impact of geopolitical uncertainty on Air France-KLM and IAG....
...But Lufthansa, Air France-KLM and International Airlines Group have faced persistent questions from analysts and investors over whether the current high-fare environment can last throughout the rest of the...
...Air France-KLM would own 20 per cent, while the Danish government — the sole Scandinavian nation still invested in the airline — would own 26 per cent....
...At rival Air France-KLM, the load factor in premium cabins was higher in every quarter of 2023 than in 2019....
...Air France-KLM and Etihad did not immediately respond to a request for comment....
...This summer, they braved delays, queues and rising ticket prices to fill airline seats in droves, say British Airways owner IAG and Air France-KLM. Both reported strong results on Friday....
...France’s air traffic controllers are also required to give 48 hours’ notice to go on strike under new rules....
...Air France-KLM reported rising revenues and a record operating margin in the second quarter, as passenger numbers increased and demand for long-haul flights, including to and from North America, rebounded...
...IAG, the owner of British Airways, and Air France-KLM are the latest airline groups to report record profits as resilient demand for travel and high ticket prices have powered the industry’s recovery from...
...Big share price moves in Europe on Thursday include London-listed gaming company Games Workshop Group, airline conglomerate Air France-KLM, and Finnish escalator maker Kone....
...first of its twice-yearly fiscal monitor report Results: Abbott Laboratories Q1, ASML Q1, Citizens Financial Group Q1, Financial Services Q1, Hays Q3 trading statement, Las Vegas Sands Corp Q1, United Airlines...
...Air France-KLM....
...Lufthansa has agreed to take a 41 per cent stake in ITA Airways, the successor company to Italy’s Alitalia, while Air France has taken a 20 per cent stake in struggling Scandinavian airline SAS....
...IAG, Lufthansa, Air France-KLM, easyJet and Ryanair have been contacted for comment....
...Air France and KLM merged in 2004 and the group also holds minority stakes in a clutch of other airlines....
...Yet a near-miss at Bordeaux-Mérignac airport, outlined in a report by France’s aviation accidents bureau last month, highlights the urgent need for modernisation of air traffic control systems....
...They also cast doubt on the idea of contracting a Royal Air Force plane to transport asylum seekers, saying it would be “very expensive”....
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