Articles tagged “air france-klm”

European Airline Executives Still Think There Are Too Many Airlines

European Airline Executives Still Think There Are Too Many Airlines

Patrick Whyte, Skift

It seems like there is a renewed appetite among Europe's big airline groups to reduce the number of players in the market. They may find it hard to do while fuel remains cheap, but when it starts to creep up, more deals will likely occur.

1 month ago

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Chris Bryant, Bloomberg

Virgin Atlantic may have taken a step back as transatlantic competitors surged but the airline has one asset that everyone wants: those slots at Heathrow. Meanwhile, what does it say about Delta's joint venture with Virgin Atlantic if the latter still finds itself in such a weak position?

2 months ago

American Airlines Succeeding in Upselling from Basic Economy to Main Cabin

American Airlines Succeeding in Upselling from Basic Economy to Main Cabin

Patrick Whyte, Skift

Investing in a range of new products to entice new and existing customers looks like it is paying off for American Airlines. Its upbeat outlook bodes well for the rest of the year.

2 months ago

British Airways and Air France-KLM Stocks Soar on Long-Haul Growth

British Airways and Air France-KLM Stocks Soar on Long-Haul Growth

Benjamin Katz, Bloomberg

While European short-haul airlines aren't having the easiest of times, their long-haul rivals are making hay.

2 months ago

Air France-KLM Buying Stake in Virgin Atlantic in Major Airline Shake-up

Air France-KLM Buying Stake in Virgin Atlantic in Major Airline Shake-up

Patrick Whyte, Skift

Despite relinquishing his control, Richard Branson has been able to save face by negotiating the continuation of the Virgin Atlantic brand. At the same time a strengthened transatlantic joint venture means he'll have a better chance at competing with British Airways and its partners.

2 months ago

Air France Pilots Pose Obstacle to Plans for New Low-Cost, Long-Haul Airline

Air France Pilots Pose Obstacle to Plans for New Low-Cost, Long-Haul Airline

Angeline Benoit and Ania Nussbaum, Bloomberg

France's flagship airline seeks to turn around its struggling operations by shifting a chunk of its service to a new brand with less generous worker contracts. But a union vote in mid-July risks foiling the plan.

2 months ago

CEO Interview: KLM CEO on Why His Airline Still Feeds Passengers for Free

CEO Interview: KLM CEO on Why His Airline Still Feeds Passengers for Free

Brian Sumers, Skift

KLM may not be a perfect airline, but it's surprisingly spunky considering it's owned by a giant French company that also controls Air France. The two airlines couldn't be more different.

3 months ago

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.

5 months 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.

6 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.

6 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.

6 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.

7 months ago