The Latest Breaking News from Air FranceKLM

Air France-KLM has announced it has doubled its year-on-year net profit in the second quarter of 2023 to €604 million, benefiting from high demand in air travel despite rising inflation which has increased costs.

Kenyan and Tanzanian governments accuse the carrier of spreading ‘unfounded’ claims about purported ‘civil unrest’.

Despite the recent retreat in oil and gas prices from their peaks due to concerns of an economic slowdown, the energy supply is expected to lag behind its demand in the long run. The energy sector has outperformed the broader market this year, and the reopening of the Chinese economy…

Energy has outperformed the broader market this year. Despite the recent decline in oil and gas prices from their peaks, analysts remain bullish on the sector’s performance next year. Thus, as we head into the new year, it could be wise to buy fundamentally sound energy stocks Shell plc (SHEL)…

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

Air France-KLM shares fell more than 10 percent on Wednesday after the European airline group announced the sale of bonds convertible into new shares worth 300 million euros to pay back state aid and boost capital.

Airfares are sky high, and airline executives expect them to stay that way.

PARIS: The European airline group Air France-KLM said Friday that its third quarter revenues had exceeded its pre-pandemic turnover in 2019, fuelled by strong post-Covid demand for travel.

For the giants of ocean trade, big ships aren't enough anymore; they need planes, too.

Air France-KLM (OTC:AFLYY) has established an agreement with CFM International to acquire 200 LEAP-1A engines to power its new fleet of Airbus SE (OTC:EADSY) A320neo and A321neo. Financial terms were not disclosed. CFM International is a 50/50 joint venture between GE Aviation, a division of General Electric Co (NYSE:GE), and Safran Aircraft Engines, a division of Safran (OTC:SAFRY). Last…

After two years of Covid restrictions travellers are coming back to Europe, but airlines and airports that cut jobs during the pandemic are struggling to keep up. Passengers are seeing long lines at check-in counters and security checks, as well as delayed or cancelled flights and lost luggage.