Articles tagged “air france-klm”

Air France-KLM Signals Resilient Flights Demand Worldwide

Air France-KLM Signals Resilient Flights Demand Worldwide

Benjamin Katz, Bloomberg

A recovery in demand from travelers in Asia and Latin America helped the Franco-Dutch airline have a better-than-expected first quarter. But if the company does not change to be more competitive it will end up like Alitalia, which has gone into receivership.

3 weeks ago

KLM Hopes to Retain Open Access to Lucrative London Market After Brexit

KLM Hopes to Retain Open Access to Lucrative London Market After Brexit

Christopher Jasper, Bloomberg

The London market is vital to all of Europe's big airlines, so KLM is not alone. To keep their profits up, all the carriers need access to the lucrative market, so let's hope that after Brexit Britain joins the European Common Aviation Area.

2 months ago

Investors Bet that Europe’s Major Airlines Have Found Route Around Turbulence

Investors Bet that Europe’s Major Airlines Have Found Route Around Turbulence

Chiara Remondini and Brian Lysaght , Bloomberg

In a change from the past five years, investors have been running up the stock valuations of Air France/KLM, IAG, and Lufthansa Group, which have done acceptable jobs of negotiating a year marred by terrorism, air traffic disruption, and the economic uncertainty surrounding Brexit.

2 months ago

Expect Low-Cost, Long-Haul Airlines to Keep Growing, Trade Group Chief Says

Expect Low-Cost, Long-Haul Airlines to Keep Growing, Trade Group Chief Says

Deena Kamel Yousef, Bloomberg

It's amazing it took this long for low-cost, long-haul airlines to reach critical mass. But IATA's Alexandre de Juniac is right. There's probably no stopping this trend now. People are demanding cheap international flights.

2 months ago

Air France-KLM is Encouraged but ‘Not Euphoric’ by Recent Improvement

Air France-KLM is Encouraged but ‘Not Euphoric’ by Recent Improvement

Andrea Rothman, Bloomberg

Air France-KLM had a surprisingly profitable 2016 considering the company has not yet implemented its strategy to thwart long-haul, low-cost airlines. But remember, most of the good stuff is happening at KLM, which, despite being smaller than Air France, posted much higher profits.

3 months ago

Air France-KLM Faces Up to Bleak Future

Air France-KLM Faces Up to Bleak Future

Ania Nussbaum , Bloomberg

Air France-KLM has yet to solve any of the problems that have been dogging it and other legacy carriers. And with rising oil prices on the horizon it looks like 2017 is going to be another difficult year.

4 months ago

KLM Grew its Passenger Tally in 2016 While Sibling Air France Shrunk

KLM Grew its Passenger Tally in 2016 While Sibling Air France Shrunk

Benjamin Katz , Bloomberg

Compared to Europe's other two major airline companies — International Airlines Group and Lufthansa Group — Air France-KLM is slightly behind in creating a cohesive strategy to try to compete with low cost airlines. That means, for the foreseeable future, the company may struggle relative to its peers.

5 months ago

Air France-KLM’s New Strategic Plan, Explained

Air France-KLM’s New Strategic Plan, Explained

Brian Sumers, Skift

Giant legacy companies the size of Air France-KLM have trouble innovating regardless of the industry. We can give it some credit for trying, but it's not clear the strategies outlined this week will markedly change the company's fortunes.

7 months ago

Air France-KLM to Take on Gulf Carriers With New Long-Haul Airline

Air France-KLM to Take on Gulf Carriers With New Long-Haul Airline

Andrea Rothman, Bloomberg

Given that Air France-KLM Group is still struggling to achieve consistent profitability, it seems strange that it is turning its attention to a new airline. The strength of the Gulf carriers means that any attempt to beat them at their own game is likely to fail.

7 months ago

Can the New CEO of Air France-KLM Help the Airline Group Soar Again?

Can the New CEO of Air France-KLM Help the Airline Group Soar Again?

Andrea Rothman, Bloomberg

Some investors are betting on a turnaround at Air France-KLM but with the airline facing both external and internal headwinds, it looks like it is going to be an uphill struggle.

8 months ago