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News about Air France-KLM
EU gives okay for Lufthansa-Austrian deal to take off The European Commission on Friday has approved Lufthansa’s takeover of Austrian Airlines after the German carrier agreed to allow competitors to operate between Vienna and several European destinations. The deal aims to create Europe’s biggest Air France-KLM pullover leaves Czechs in the air Plans for a privitisation deal with Czech Airlines have stumbled with the decision by Air France-KLM, Europe’s largest air carrier, not to pursue the deal. The Franco-Dutch group said the ongoing recession and reduced number Fear for Jobs at Air-France-KLM Air France-KLM, Europe’s biggest airline, may need to cut a further 3000 jobs but only through natural attrition, its chief executive said last Friday. Asked to comment on a report in French daily Le Parisien Freight traffic for Air France-KLM stabilised The largest European cargo carrier, Air France-KLM, last week announced that its freight traffic stabilised in May after steep declines over the past six months. Including Martinair, the Dutch cargo and charter carrier that was Few travelers, so Air France-KLM reports a huge loss With people staying home, even as summer vacations approach, airline travel has fallen precipitously and the Franco-Dutch airline Air France-KLM, Europe's largest, said in Paris that it lost 814 million Euro (USD 1.1 billion) in EU puts 9 airlines on blacklist The European Union has publicly scolded Emirates, Turkish, Royal Air Maroc and six other airlines for persistently misleading customers on their websites. The EU’s “black list”, which also includes the likes of Aeroflot, Northwest and Transatlantic airline alliances get the EU’s scrutiny  With more and more mergers between airline companies, even as some fail, The European Union said it will launch an anti-trust probe into cooperation deals between members of the Star Alliance and Oneworld airline groups Air France-KLM wraps up partial Alitalia takeover French-Dutch carrier Air France-KLM said on March 25 that it had completed its takeover of 25 percent of the capital of the Italian airline Alitalia. Air France-KLM is paying 323 million Euro for its share, Air France-KLM sees a big operating loss on horizon French-Dutch carrier Air France-KLM said that it expects to register an operating loss of about 200 million Euro for fiscal year 2008-2009 because of the effects of the economic crisis and variations in the cost Four bidders eye Czech Airlines Four bidders have shown interest in buying Czech Airlines, the state-controlled national carrier currently under privatisation, the Czech Republics Finance Ministry said on March 23. The applicants are the French-Dutch airline Air France-KLM, a consortium Cargo falling at Air France-KLM offices fast as profits The biggest European airline, the Franco-Dutch carrier Air France-KLM, has posted its third-quarter figures reporting a loss on plunging cargo volumes, lower passenger revenues and fuel hedging losses, forcing the airline to shrink operations to Air France-KLM slides into red after big losses French-Dutch carrier Air France-KLM said Friday it had slid into the red following a loss of 505 million Euro in the third quarter of its fiscal year, which ends on March 31. As a result, EU probes Austrian Airlines “bargain” sale to Lufthansa  The European Commission has launched an investigation into claims that Germany’s Lufthansa may not be paying enough for Austrian Airlines in its bid to create Europe‘s largest carrier, in a deal in which the German Lufthansa Italia to challenge Alitalia Lufthansa Italia, the new airline which is set to challenge Alitalia in Italy’s skies, is to make its maiden flight on February 2, owner Lufthansa said on February 28 in Frankfurt. Lufthansa shied away from Air France-KLM whacked with a 200 million Euro loss French-Dutch carrier Air France-KLM said that it had probably incurred an operating loss of about 200 million Euro (USD 258 million) in the third quarter of 2008. The airline said in a statement that it Alitalia’s new version will line up with Air France  Air France-KLM and the ailing Italian flag carrier Alitalia have announced a “new strategic partnership” indicating an end to the long running saga of whether the Italian carrier would fold, which Italian Prime Minister Silvio Troubled Austrian Airlines finally gets its buyer – Lufthansa  Germany’s national air carrier Lufthansa, after many delays, has signed a deal in Vienna to buy 41.65 percent of Austrian Airlines from Austria’s state holding OeIAG, creating Europe’s biggest airline, officials of the companies said. Lufthansa in Italian skies with new wings German airline Lufthansa said on November 26 it is launching a new subsidiary in Italy called Lufthansa Italia. With an initial fleet of six Airbus A319 aircraft, Lufthansa Italia will offer flights from Milan’s Malpensa Berlusconi, Merkel hope for Alitalia-Lufthansa deal  Italian Prime Minister Silvio Berlusconi said on November 18 that he and German Chancellor Angela Merkel favour a possible partnership between German airline Lufthansa and ailing Italian carrier Alitalia. “We both view very favourably a Air France-KLM plans rival train to Eurotar It’s no more just rivalry in the air. The Franco-Dutch carrier Air France-KLM is now set to vie for its toll on the ground as well competing one of the most celebrated train services of |
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