Articles tagged “air france”

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

13 Big Winners in Travel Advertising at Cannes Lions 2017

13 Big Winners in Travel Advertising at Cannes Lions 2017

Jesse Desjardins, Skift

The big lesson here is that digital first is the future.

3 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

Air France-KLM Gets Union Go-Ahead to Launch a New Airline

Air France-KLM Gets Union Go-Ahead to Launch a New Airline

Andrea Rothman, Bloomberg

Air France-KLM has scored a win. Too bad the plan is unpromising. Yes, its new airline may save on salaries, a good thing given that its staff costs are too high, as a proportion of revenues, relative to its peers. But the project will be costly and distracting.

7 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

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.

9 months ago

This Is Why Warren Buffett Probably Has Little Interest in European Airline Stocks

This Is Why Warren Buffett Probably Has Little Interest in European Airline Stocks

Chris Bryant , Bloomberg

Europe's airlines likely must consolidate further if they are going to match U.S. airline industry profitability. That should eventually happen — some CEOs of the continent's more powerful airlines talk about making further acquisitions — but nothing is imminent. So Europe's airline stocks may not be great buys, yet.

10 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.

11 months ago

As Demand Lags, Air France Warns of ‘Deteriorating Environment’

As Demand Lags, Air France Warns of ‘Deteriorating Environment’

Andrea Rothman and Richard Weiss , Bloomberg

Expect fares to fall on Air France, which will need to do everything it can in the short term to fill its seats.

1 year ago

Air France Pilots Decide Not to Strike Again After Management Offers Deal

Air France Pilots Decide Not to Strike Again After Management Offers Deal

Ania Nussbaum and Anne Swardson, Bloomberg

We love organized labor, but we really hope the AF pilots got low-balled this time around. They've become the poster pilots for labor strife.

1 year ago

Air France’s Pilots Join Broader Strikes, Angering Just About Everyone

Air France’s Pilots Join Broader Strikes, Angering Just About Everyone

Mstyslav Chernov and Raphael Satte, Associated Press

France is getting an early start on its debilitating transportation strikes. It's like summer's come early!

1 year ago

Euro 2016 Football Faces Biggest Threat From Air France Pilot Strike

Euro 2016 Football Faces Biggest Threat From Air France Pilot Strike

Andrea Rothman, Bloomberg

Air France's pilots are always innovating ways to make themselves lose support from the masses. This is one of the better ways to get everyone on the other side of the argument. Expect Air France to have Iberia-like contracts by round two.

1 year ago

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