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Richard Branson Says To Continue To Hold 51% Of Virgin Atlantic - Blog
AF-KLM to consider dividend with minimum operating result of E1.9 billion
Air France-KLM says it will consider consolidation opportunities as it outlines strategic goals
Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company's two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners. Its activities include Passenger transport, Cargo transport, Maintenance and Other activities. The Company's network is organized around the hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. With these two hubs, the Company links Europe to the rest of the world, with approximately 320 destinations in over 115 countries. Transavia, the Company's subsidiary, has operations in the Netherlands and France directed at medium-haul leisure customers, as well as through its charter flights and tour operators.
2 rue de Robert-Esnault-Pelterie
Non-Executive Chairman of the Board
Benjamin M. Smith
Chief Executive Officer, Director
Pieter J. TH. Elbers
Deputy Chief Executive Officer, President of KLM, Member of the Group Executive Committee
Chief Financial Officer, Member of the Group Executive Committee
Executive Vice President - Finance, Member of the Group Executive Committee
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Air France said it plans to operate all its long-haul flights on Friday, as well as over 90% of its medium-haul flights and almost 70% of its domestic flights.
Air France-KLM <AIRF.PA> said on Wednesday it had dropped plans to buy a stake in Virgin Atlantic as the two airline groups combine their transatlantic partnerships with Delta Air Lines <DAL.N> into an expanded joint venture.
Airline group Air France-KLM said on Wednesday it was not necessary to buy a stake in Virgin Atlantic to expand a transatlantic joint venture with Virgin Atlantic and Delta Air Lines.
U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc, Air France KLM SA and Virgin Atlantic.
Air France KLM posted a slight dip in its October passenger traffic figures compared to a year ago.
Air France-KLM <AIRF.PA> outlined plans to expand its budget Transavia business and push the core French carrier upmarket, while overhauling its fleet in pursuit of improved sales and profitability.
Air France KLM <AIRF.PA> is lobbying authorities in France as it pushes to try and make the market more competitive, the group's top boss said on Tuesday, adding that tax bills and the cost of operating out of airports there was higher than elsewhere.
Air France KLM is lobbying authorities in France as it pushes to try and make the market more competitive, the group's top boss said on Tuesday, adding that tax bills and the cost of operating out of airports there was higher than elsewhere.
Air France-KLM will combine a sales drive with efficiencies including better fleet management to lift profit margins to 7-8% over the medium term, the airline group's Chief Executive Ben Smith told investors on Tuesday.
Air France-KLM said slowing travel demand will hurt ticket sales in the rest of 2019, sending its shares tumbling as the airline group posted lower-than-expected quarterly earnings.
Air France-KLM said slowing travel demand is likely to hurt ticket sales in the remainder of 2019, as the airline group posted lower-than-expected third quarter earnings.
French airline Air France KLM <AIRF.PA> said on Wednesday plans to enlarge its current joint-venture cooperation with China Eastern <600115.SS> with the addition of Virgin Atlantic.
Air France KLM <AIRF.PA> reported higher passenger traffic figures for September, as the carrier looks to benefit from the collapse of the two of its smaller French competitors.
Air France KLM reported higher passenger traffic figures for September, as the carrier looks to benefit from the collapse of the two of its smaller French competitors.
The French government will ask Air France to "take into account" the situation of bankrupt French budget airline Aigle Azur's 1,150 employees, said a government minister on Monday.
Air France-KLM <AIRF.PA> boss Ben Smith on Friday defended his decision not to fly to the aid of two collapsed French airlines, and said market consolidation through bankruptcies would eventually benefit the country's aviation industry and jobs.
Air France-KLM boss Ben Smith on Friday defended his decision not to fly to the aid of two collapsed French airlines, and said market consolidation would eventually benefit the country's aviation industry and jobs.
French airline XL Airways has called on Air France <AIRF.PA> to discuss a rescue deal to avert the collapse of the budget carrier that halted ticket sales and payments last week.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
Air France-KLM <AIRF.PA> and easyJet <EZJ.L> withdrew competing offers for Aigle Azur on Thursday after missing an overnight court deadline to improve their bids to acquire part of the collapsed budget airline's operations and staff.
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