The Italian Government is all set to infuse fresh funds amounting to $400 million into the new Italian flag carrier ITA Airways in the next few weeks. With this latest funding, the total funds investe...
As the Portuguese government intends to fast-track the sale of Tap Portugal, Lufthansa and Air France-KLM have emerged as lead contenders for the take-over. As per the sources, the government wants to...
In the second quarter of 2022, Air France-KLM Group posted a positive operating result of €386 million, up by €1,145 million at a constant currency compared to last year, which was driven by an increa...
Air France-KLM and Apollo Global Management have signed a definitive agreement for Apollo-managed funds and entities to make a €500 million investment into an ad hoc operating affiliate of Air France ...
Air France–KLM has successfully completed its share capital increase with preferential subscription rights. Following the subscription period, which ended on June 9 2022, the total demand amounted to ...
Air France-KLM has launched a €2.256bn capital increase aiming to strengthen the company’s equity and balance sheet. The company will issue 1,928 million new shares in Air France-KLM at €1.17 per new ...
Air France-KLM Group and the CMA CGM Group have signed a long-term strategic partnership in the air cargo market. This exclusive partnership will see both parties combine their complementary cargo net...
Air France-KLM has chosen to enter into exclusive negotiations with CFM International for the acquisition of LEAP-1A engines to power its new fleet of Airbus A320neo and A321neo. This decision follows...
Air France-KLM has renewed CEO Benjamin Smith’s mandate for an additional term of five years and has named Marjan Rintel as the new CEO of KLM, effective from July 1, 2022, replacing Pieter Elbers. Ma...
France’s junior minister for transport, Jean-Baptiste Djebbari, has commented in a piece by The Financial Times that Air France-KLM is coming under growing pressure to repay its pandemic state-aid qui...
Air France-KLM has ordered 100 Airbus A320neo family aircraft – with purchase rights for an additional 60 aircraft – for KLM and Transavia, and has signed a Letter of Intent (LOI) for the purchase of ...
Following early signs of a recovery of the worldwide air traffic, combined with an improved access to capital markets, Air France-KLM has agreed with the syndicate of the nine banks of the PGE and the...
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