While Air France has struggled for a few years now, the Air France-KLM group CEO provided an update on the French airline, which will see significant changes to its operations in the coming years to return to profitability in the long-run....
In its financial results for the third quarter of 2019, Air France-KLM announced a net profit down by more than half compared to the same period in 2018. The airline says it was affected by the retirement of the A380 from its fleet, and a “challenging macro-economic context”....
Air France and the Dubreuil group did not submit any new takeover offer for Aigle Azur after the first one was rejected by the Commercial Court of Evry. Only four bids were filed....
At least fourteen offers to take over Aigle Azur were submitted before the deadline on September 9, 2019. As expected, one of them was from Air France. Meanwhile, 13,000 passengers of the company are still stranded....
Aigle Azur will stop its operations from the evening of September 6, 2019. The second biggest French airline, which declared bankruptcy earlier this week, is now putting all hope in a buyout offer....
The ten years of investigation into the crash of flight AF447 from Rio to Paris, which killed 228 passengers and crew members on June 1, 2009, could lead to no prosecution. The investigating judges have dismissed the case for manslaughter against Airbus and Air France....
After an eventful week, Aigle Azur filed for bankruptcy on September 2, 2019. The company is now waiting for potential buyouts, with the deadline for bids set to next week. Air France and IAG may compete to take over the second biggest French airline to obtain its precious slots....
Updated. Investigation into a mid-air engine explosion on an Air France Airbus A380 in 2017 has reportedly brought to light some troubling findings that might prompt the plane maker to declare urgent checks on some of its superjumbos. A report by Reuters indicates that France’s BEA air accident investigation agency has identified a possible manufacturing flaw in a recently recovered part of one of the aircraft’s engines that abruptly...
After months of uncertainty on the fate of the A380, Air France-KLM finally announced it would sell the five superjumbos it owns by 2022. The group also confirmed the acquisition of 60 A220-300 aircraft as part of its fleet modernization strategy and reported strong results for the second quarter of 2019....
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_f-gpmd_-_msn_618_(10223068455)_crop.jpg "Air France to place its biggest Airbus order in a decade")