Hints and tips:
Related Special Reports
...Air France-KLM chief executive Ben Smith called for a level playing field at an industry conference last month....
...France’s deficit last year ended up at 5.5 per cent of GDP, worse than a 4.9 per cent forecast....
...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...
...In the first nine months of 2023, Air France-KLM’s cargo revenues were down 31 per cent on the previous year....
...But Air France-KLM chief executive Ben Smith rejected the suggestion that the airline was deliberately misleading on its green credentials....
...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...
...Scandinavian airline SAS is wiping out existing shareholders as part of a rescue deal, with bigger rival Air France-KLM and private equity firm Castlelake becoming its new major investors alongside the Danish...
...Rival Air France-KLM said its operating profit reached a record €1.34bn in the third quarter, up 31 per cent from a year earlier, driven by strong summer bookings....
...Attention will focus on the impact of geopolitical uncertainty on Air France-KLM and IAG....
...Air France-KLM also posted strong full-year earnings but swung to a loss in the fourth quarter on higher costs and geopolitical uncertainty....
...Benjamin Smith, chief executive of Air France-KLM, which paid $145mn for its stake and some convertible debt, said: “Air France-KLM looks forward to establishing strong commercial ties with SAS....
...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...
...Prime Minister Kyriakos Mitsotakis said Greece will not send Patriots and S-300s to Ukraine, despite pressure from EU and Nato allies to provide more air defence systems to Kyiv....
...Air France-KLM and Etihad did not immediately respond to a request for comment....
...Air France-KLM: Shares lost 4.3 per cent after JP Morgan cuts its rating to underweight from overweight....
...Meanwhile, Air France-KLM said operating profit more than doubled to €733mn in the second quarter, a record....
...Kyiv also operates long-range surface-to-air missile systems developed by the former Soviet Union, including the S-300 and S-200 systems....
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
...After buying planes to launch an air cargo venture in 2022 he also took a stake in Air France-KLM and formed a much-vaunted joint venture....
...European travellers are a resilient bunch. 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....
...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....
...scheduled to meet Chinese Prime Minister Li Qiang and President Xi Jinping Greece: Olympic flame lit at a ceremony in Olympia, before starting its journey to France for the Olympic Games in Paris US:...
...Air France-KLM....
...Air France-KLM has projected strong summer bookings with buoyant demand from higher-spending travellers in business class looking to travel to Paris in particular....
International Edition