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The Latest Breaking News from Air FranceKLM

Portugal: Air France-KLM and Lufthansa submit binding bids to buy TAP

The government is now expected to receive the report within 30 days and may ask investors to submit an improved final bid.

Euronews

Fuel Costs Soar for Air France-KLM as Middle East Conflict Triggers Urgent $2.4 Billion Budget Warning

European airline group Air France-KLM has raised prices as fuel costs surge amid the Iran war, while warnings from the International Energy Agency highlight fears Europe could face jet fuel shortages within weeks.

International Business Times UK

Air France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill rise

Move comes as airline industry reacts to uncertainty over Iran war and increase in price of Brent crude

The Guardian - UK

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Air France-KLM in the race for Portugal's TAP with offer for minority stake

The deadline for submitting bids for the privatisation of the national airline TAP Air Portugal is this Thursday. The Portuguese government expects to receive three bids.

Euronews

Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares

Carriers warn they cannot hold off passing on costs for long, while some airlines plan to increase flights via Asia

The Guardian - UK

Scandinavian Airlines CEO: AI can cut disruption response times

The airline’s chief says artificial intelligence will help rebuild schedules during storms and improve efficiency in an industry that faces constant uncertainty.

Euronews

Deal Dispatch: From Four Roses Bourbon To Quantum Stakes, Here Are This Week's Sector Shake Ups

Benzinga

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The best frequent flyer schemes for 2025 (and the ones to avoid)

The top 10 is dominated by American carriers, but a European airline alliance is No.1

The Independent UK

Air France-KLM to take majority control of Scandinavian airline SAS

The Franco-Dutch airline is looking for consolidation options to help it compete with rivals.

Euronews

Air France-KLM Publicly Announces Confidence In Newly-Ordered Boeing Units Amid Air India Tragedy

At a press conference for the International Air Transport Association (IATA) in New Delhi, India, Benjamin supported Boeing as a top aeroplane manufacturer.

International Business Times UK

‘Save what we can’: Economic uncertainty, Trump rhetoric hits US travel

US travel industry has been hit by domestic consumers cutting back and foreigners snubbing country over Trump rhetoric.

Al Jazeera

How KLM plans to grow despite government curbs

The Dutch government is limited the number of flights allowed, squeezing the airline.

Fortune

Europe's airlines plunge as U.S. recession fears threaten Americans' 'unbelievable' spending

Shares in IAG and Air France-KLM fell as fears of a U.S. recession weigh on holiday spending hopes.

Fortune

Strikes Hit Lufthansa Profits, Olympics Dent Air France

German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delays in aircraft deliveries, but vowed a turnaround plan will boost earnings this year.

International Business Times

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International Business Times

Kenya Airways Shares Trade Again After Four-year Hiatus

The airline sought a suspension in July 2020 when the government proposed a law to renationalize the troubled carrier in the midst of the Covid-19 pandemic that devastated global air travel.

Radio France Internationale

French pilots union calls strike over planned tripling of flight taxes

A leading French pilots union is calling for strike action this Thursday to protest against a government proposal to triple the levy on flight tickets as part of wider plans to plug a hole in France's state budget. The planned increase is set to raise up to €1 billion a…

The Independent UK

Delta says it will lose $100 million as tourists skip Paris because of the Olympics

This year’s Summer Olympics in Paris runs from July 26 through August 11 with 15 millions visitors expected

International Business Times

Air France Says Olympic Games Has Cut Summer Traffic To Paris

Air France-KLM warned Monday that the Olympic Games would lead to a drop in revenues of up to 180 million euros ($193 million), due to a decline in travel to Paris over the summer.

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International Business Times

Airlines Eye 'New Frontier' Of AI Ahead Of Global Summit

Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.

International Business Times

British Airways Owner IAG, Air France-KLM Post Bumper Profits

Europe's aviation industry extended a bounceback from the Covid pandemic on Thursday, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits.

Radio France Internationale

Air France-KLM posts record profit despite problematic 2023

Franco-Dutch airline Air France-KLM on Thursday announced a record net profit of 934 million euros for 2023, despite a tough end to the year marked by operational difficulties and the Middle East conflict.

International Business Times

EU Court Sides With Ryanair Over Air France-KLM Aid

A top EU court annulled on Wednesday the approval of a pandemic state aid programme for Air France-KLM that had been challenged by Irish rival Ryanair and Malta Air.

The Independent UK

EU court annuls approval of French pandemic aid to Air France and Air France-KLM

Low-cost airlines Ryanair and Malta Air have won a court case against the European Union’s decision to approve billions of euros in state aid by the French government to holding company Air France-KLM during the COVID-19 pandemic

Fortune

Air France, Lufthansa and Etihad have false environmental ads banned

The airlines urged customers to "fly more sustainably" with them, but the ASA said there was no evidence they could do so.

The Independent UK

Shares in Scandinavian Airlines plunge to become almost worthless after rescue deal announced

Shares in Scandinavian Airlines have dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased

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