Portuguese carrier TAP is being put up for sale by the government

Air France–KLM and Lufthansa submit non-binding offers for TAP Air Portugal

The long-anticipated privatisation process of TAP Air Portugal (TAP) has entered a decisive phase, as two of Europe’s largest airline groups—Air France–KLM and Lufthansa Group—have formally submitted non-binding offers for the Portuguese flag carrier. The development marks a significant step in the restructuring of Europe’s aviation landscape, with TAP positioned as a strategically valuable asset […]

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Management of all four airlines at the signing of the new cooperation

New global airline cooperation to enhance India-Europe-North America connectivity

Other News

IndiGo, Delta Air Lines, Air France-KLM, and Virgin Atlantic have announced a strategic cooperation aimed at significantly enhancing air connectivity between India, Europe, and North America. The collaboration is set to establish an industry-leading network by combining the strengths of each airline across key regions and aims to grow into a global-scale operation. This initiative

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Air France-KLM raises €500 million in strongly oversubscribed hybrid bond offering

Financial

Air France-KLM has successfully priced a €500 million issuance of hybrid bonds, offering a fixed annual coupon of 5.75% (yielding 5.875%) until the first reset date. The undated, deeply subordinated hybrid bonds will be rated BB by Fitch and B+ by S&P, qualifying for 50% equity credit from both agencies. Fitch and S&P have reaffirmed

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Air France-KLM sees passenger growth and strong cash flow in Q1

Financial

Air France-KLM reported a strong first quarter, with 21.8 million passengers carried—an increase of 4.5% compared to the same period last year. The group saw capacity rise by 3.8% and traffic grow by 3.3%, resulting in a broadly stable load factor of 86.0%. Unit revenue per available seat kilometre (ASK) rose by 3.0% at constant

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(L-R) Michael Grootenboer, Jean-Louis Forest, Bruno Tricoire & Derk Nieuwenhuijze AFI KLM E&M

AFI KLM E&M introduces strategic leadership updates

People

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has announced key leadership appointments aimed at strengthening the group’s organisation and maintaining its industry-leading standards in aviation maintenance, repair, and overhaul (MRO). From September 1, 2024, Michael Grootenboer will take on the role of Senior Vice President (SVP) Procurement for the Air France-KLM Group,

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Air France-KLM and SAS sign codeshare and interline agreements

Airlines & Routes

Air France-KLM and SAS have announced the signing of codeshare and interline agreements applicable to Air France, KLM and SAS. These agreements, which also cover reciprocal loyalty programme benefits, will come into effect on September 1, 2024, coinciding with SAS’ official entry into the SkyTeam alliance, of which Air France-KLM is a founding member. The

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Air France-KLM and CMA CGM terminate cargo cooperation

Other News

Air France-KLM and CMA CGM had initially announced their intent to establish a cargo commercial cooperation, which came into effect in April 2023. However, due to stringent regulatory constraints in specific key markets, the collaboration has faced challenges in achieving optimal functionality. Consequently, Air France-KLM and CMA CGM have jointly declared their decision to terminate

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Air France-KLM and Apollo sign €1.3 billion financing agreement

Financial

Air France-KLM and Apollo Global Management have signed a definitive agreement between Apollo-managed funds and entities and a dedicated operating affiliate of Air France-KLM regarding a €1.3 billion financing, accounted as quasi-equity under IFRS, with the option for Apollo to increase the nominal amount up to €1.5 billion in total, prior to closing. This dedicated

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GE Aerospace's investment in Tres Rios will increase the repair capacity of CFM LEAP engines in Brazil

AFI KLM E&M opens new engine shop

MRO & Production

On September 13, AFI KLM E&M opened its new engine shop at its Orly location. The facility is the centrepiece of the “Single Roof” project, the ambition of which is to place AFI KLM E&M at the forefront of industry standards in engine maintenance and to support its positioning on new-generation products such as LEAP

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Air France-KLM and Etihad Airways expand partnership

MRO & Production

Air France-KLM Group and Etihad Airways, the national airline of the United Arab Emirates have signed a Memorandum of Understanding (MoU) aiming at enhancing their collaboration across passenger operations, loyalty programmes, talent development, and maintenance. The signing ceremony took place at the Air France-KLM Group’s headquarters in Paris, France in the presence of Angus Clarke,

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Air France–KLM and Lufthansa submit non-binding offers for TAP Air Portugal

New global airline cooperation to enhance India-Europe-North America connectivity

Air France-KLM raises €500 million in strongly oversubscribed hybrid bond offering

Air France-KLM sees passenger growth and strong cash flow in Q1

AFI KLM E&M introduces strategic leadership updates

Air France-KLM and SAS sign codeshare and interline agreements

Air France-KLM and CMA CGM terminate cargo cooperation

Air France-KLM and Apollo sign €1.3 billion financing agreement

AFI KLM E&M opens new engine shop

Air France-KLM and Etihad Airways expand partnership

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