Air France group reportedly plans to cut more than 7,500 jobs by the end of 2022. The flag carrier will be affected the most, with 6,560 positions out of about 41,000 threatened. More than 1,000 jobs within the regional airline Hop! could also be axed....
The European Commission approved the aid proposed by the French government to Air France. The €7 billion will be used by the carrier to alleviate the consequences of the coronavirus crisis....
Like other carriers in Europe, the containment measures to fight the coronavirus COVID-19 epidemic have greatly affected Air France’s revenue. The national airline could be saved by a state intervention once the crisis passes....
The French General Directorate of Civil Aviation required airlines to cut 20% of their flights over French territory on December 5, 2019, in anticipation of an interprofessional strike. Several airlines have already announced cancellations....
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”....
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....
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....
Only seventeen months after it started operations, Joon, Air France’s subsidiary targeted at millennials, made its last flights....
For KLM, sustainability in air travel is a big deal. At the recent IATA Annual General Meeting in Seoul (South Korea), KLM Royal Dutch Airlines demonstrated that commitment by backing the country’s Delft University of Technology (TU Delft) in the development of an innovative highly energy-efficient concept aircraft known as the “Flying-V”. And yes, the jet comes in the shape of a “V”, but not in vain....
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_crop.jpg "Is Air France-KLM moving towards nationalization?")
-1_crop.jpg "Millennial airline Joon says adieu after 17 months of operations")
