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Air France-KLM urge Egypt to release stuck revenueAir France-KLM has urged Egypt to release upward of EGP100 million ($13 million) in revenue it is unable to repatriate due to an acute dollar shortage, saying the delays were making it increasingly difficult to operate in the country. More… |
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Air France-KLM eyes $435m from catering unit saleAir France-KLM will launch a sale of its catering unit Servair soon, seen worth up to around €400 million ($435 million), and has mandated BNP Paribas to manage the deal, sources familiar with the matter told Reuters. The Fra More… |
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Air France-KLM vow to boost core earningsAir France-KLM pledged to lift core earnings by up to 10 per cent a year through 2017 as part of a new plan combining an assault on the European leisure market with efforts to retain the loyalty of long-haul travellers. Europe' More… |
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EU airlines halt Iran flights as economy weakensTwo European airlines said on Saturday they were halting services to Iran, a sign of the crumbling purchasing power of Iranians as their economy buckles under the weight of Western sanctions. Air France-KLM will suspend its Amster More… |
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Etihad, Air France-KLM sign codeshareEtihad Airways and Air France-KLM have signed an agreement to codeshare on flights across the airlines’ networks, the first phase of a much larger strategic partnership which commences on October 28. The wide-ranging codesha More… |
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Renault, KLM launch novel promotionRenault GCC and Arabian Automobile, exclusive Renault distributor in Dubai & Northern Emirates have tied up with Air France-KLM for a novel promotion this summer under which customers can win two return tickets to Paris. Under the More… |
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Etihad denies KLM stake deal talksAbu Dhabi-based carrier Etihad Airways denied it was in talks to take a stake in struggling Franco- Dutch airline Air France-KLM, a spokesman said yesterday. “Etihad Airways denies the rumours according to which it would be in talks to ent More… |
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Air France-KLM splits $12bn jet orderAir France-KLM has split a $12 billion order for long-range jets following a year-long competition, announcing plans to buy 25 Boeing 787 Dreamliners and 25 Airbus A350s. The move is part of a plan to renew the fleet of Europe's largest ai More… |
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Alitalia agrees sale to Air France-KLMAlitalia has agreed to be bought by Air France-KLM, the world's biggest airline by revenues, in a deal valuing the near-bankrupt airline's equity at just 138 million euros -- far less than expected. The sale of the loss-making airline is a More… |
