Air France–KLM Group Releases Passenger Traffic Report
@AirFranceKLM @airfrance @KLM @transavia @AirFranceUS @KLM_US The Air France–KLM Group carried 3.4% more passengers in June 2019.
KLM and Air Mauritius Suspend JV
@KLM @airmauritius Air Mauritius and KLM will suspend their JV when nonstop flights between Mauritius and Amsterdam end in late October 2019.
Lufthansa Group Prevails Over IAG and Air France-KLM
@lufthansa @AirFranceKLM A comparison between the fleets of Europe’s top three legacy airline groups reveals that Lufthansa Group is the strongest in terms of fleet size.
Positive Outlook for Air France-KLM
Air France-KLM has had a difficult time synchronizing activities, balancing out cultural differences, and reaching agreements on a number of occasions, leading to the drop in profitability. However, forecasts for 2019 suggest that the joint Air France-KLM may be fully recovering. The company appointed its new Chief Executive Officer, Ben Smith, towards the end of […]
The Netherlands’ Government Takes 12.68% Ownership in Air France-KLM Group
The Netherlands’ government has officially announced its acquisition of 12.68% stake in Air France-KLM Group in an attempt to acquire as much ownership in the company as France already has. The acquisition will allow the government to have a say in the future of the company and its strategic moves. The purchase of shares began […]
Europe’s Top Five Airlines Take 50% of the Market Share
Europe’s small aircraft operators are facing a struggle with their operations as the continent’s top airlines have officially taken 50% of Europe’s air travel market. The companies have successfully maintained low prices for passengers, pushing smaller operators out of the market as they are unable to compete with the market leaders. Despite the increase in […]
Air France-KLM Prepares for Internal Improvement
Air France-KLM is preparing for another dynamic year of change and expansion. The joint venture is looking forward to growing its market share and increasing its presence across Europe but in order to reach its objectives, a number of governance changes have been introduced. Chief Executive Officer Benjamin Smith has been welcomed on to the […]
Air France-KLM Receives Authorization for Control over Virgin Atlantic
Another massive merger is to take place in the near future as a result of a recent green light given to Air France-KLM. The European Commission has granted approval to Air France-KLM for the requested joint control over Virgin Atlantic. The decision will result in Air France-KLM, Delta, and Virgin Group’s mutual control over the […]
Europe’s Top Airline Groups for 2018
CAPA has recently released a report for Europe’s largest airlines groups for 2018, with Lufthansa Group holding the first and leading position in the list. According to the report, Lufthansa Group maintained its position of largest airline group according to passenger traffic. The Group reported a total of 142 million travelers carried in 2018, showing […]