Articles tagged “air france”

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.

5 days 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.

1 month 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.

3 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.

4 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.

7 months 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.

8 months 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!

8 months 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.

9 months ago

Air France Returned to Tehran, Iran Today for the First Time Since 2008

Air France Returned to Tehran, Iran Today for the First Time Since 2008

Associated Press

Iran needs more contact with Europe and the U.S., not less.

10 months ago

Air France Is Trying to Woo Young Travelers with a Discount Loyalty Program

Air France Is Trying to Woo Young Travelers with a Discount Loyalty Program

Andrea Rothman, Bloomberg

We're not sure that discounts alone will help Air France pull many young travelers from trains and buses, but cheaper flights should give low-cost carriers some competition.

11 months ago

Flybe CEO on Joint Ventures: No Thanks

Flybe CEO on Joint Ventures: No Thanks

Benjamin Katz, Bloomberg

Flybe wants to keep it simple: No joint ventures wanted, just good, old-fashioned, passenger-boosting codeshares. Management at the European regional carrier have a bitter taste in their mouths after a joint venture gone awry with Finnair.

11 months ago

Air France Sticks with Struggling Vendor for Lie-Flat Seats Upgrade

Air France Sticks with Struggling Vendor for Lie-Flat Seats Upgrade

Andrea Rothman, Bloomberg

Seat-supplier Zodiac's on-time performance in getting installations completed has been sorely lacking. American Airlines cancelled an order, Airbus dispatched a team to the Zodiac factory to get things on track. Air France, though, has won plaudits for the new business-class seats and is honoring its Zodiac contracts so far.

11 months ago