Air France KLM

Air France has reportedly prepared the budget for FY2021, expecting to face an operating loss of €2 billion....

Greenpeace will take legal action against the Dutch government, accused of bailing out the airline KLM with 3.4 billion of state aid without any ecological counterpart....

Many have called COVID-19 pandemic the worst crisis in the history of air travel, with passenger numbers falling to almost zero following March 2020. European airlines experienced some of the strictest lockdowns in the world, as their revenues dropped, prompting bailouts and pleas to open borders. But who was hit the most?...

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....