TagsAir France-KLM

Air-France-KLM reports €1.2bn loss for first quarter

Air France-KLM has reported a €1.2 billion loss for the first quarter of 2021. As government lockdowns to control Covid-19 continued across Europe, the group flew 4.8 million passengers during the quarter. The figure represents a fall of 73 per cent year-on-year. In a statement the carrier added: “Due to the stricter lockdown in France […]

Delta Air Lines takes stake in Air France-KLM

Delta Air Lines is deepening its longstanding and industry-leading partnership with Air France-KLM Group with a €375 million investment to acquire ten per cent equity in the joint venture partner and a seat on the Air France-KLM board. Additionally, Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture, supported by a […]

EU officials seek to fine Air France-KLM and other carriers

After a failed attempt to arrange a deal, Air France-KLM, British Airways and many other carriers may confront multimillion-euro fines from EU regulators on the ground of antitrust, Bloomberg reports. EU Competition Commissioner Margrethe Vestager is pursuing to re-penalise the airlines with around 800 million euros ($844 million) in fines. In 2015, the EU court […]

Hertz Global extends partnership with Air France-KLM

Hertz Global Holdings has confirmed that Hertz, Thrifty and Firefly will serve as Air France’s exclusive car rental providers for four years. The news follows the renewal of the 28 year partnership between Hertz and Air France–KLM Group. In addition, the three car rental brands, from The Hertz Corporation, will also become the exclusive car […]