Tag: Air France-KLM

Emirates Needs More A380s

Reading Time: 2 minutes Emirates airline needs “even more” Airbus A380 aircraft in the future, according to Emirates president Sir Tim Clark. In an interview with the Netherland’s Het Financieele Dagblad newspaper, Clark said the “the potential market remains huge” for the superjumbo aircraft, despite the emergence of smaller, more energy-efficient aircraft capable of flying to medium-sized cities. “The […]

China Eastern To Add 250 Aircraft To Its Fleet By 2022

Reading Time: 2 minutes China Eastern Airlines is to add more than 250 aircraft to the group’s fleet over the next five years, with 50 set to be introduced before the end of 2017. The airline, which in July agreed to take a 10 percent stake in Air France-KLM, said its fleet modernisation programme means 191 jets will be […]

Delta Purchases 10% Stake In Air France-KLM

Reading Time: 2 minutes Delta Air Lines is deepening its longstanding and industry-leading partnership with Air France-KLM Group with a €375 million investment to acquire 10 percent equity in the joint venture partner and a seat on the Air France-KLM Group Board of Directors. Additionally, Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture, supported […]

Icelandair Joins Airlines for Europe

Reading Time: 1 minute Membership numbers at Airlines for Europe are growing further with Icelandair joining Europe’s largest airline association. The airline operates out of Iceland, and uses the country’s geographical location mid-way between America and Europe, to offer a network of international routes with Iceland as a hub. “We are looking forward to jointly work with A4E on […]

A Mixed Bag For Europe’s Airlines in Q1

Reading Time: 2 minutes Some of Europe’s largest airline groups have unveiled their Q1 financial results in the past week, serving up a varied set of earnings but nevertheless giving credence to IATA’s prediction that 2016 will see a jump in the continent’s profitability.   For some, reduced fuel prices and higher customer demand are still aiding improved performance […]

Worldwide Drone Sales Could Reach US$36.9bn by 2022

Reading Time: 1 minute Unmanned Aerial Vehicle (UAV) or drone sales continue exponential growth with analysts forecasting global sales to reach a staggering US$36.9bn in just six years. Already one of the world’s leading manufacturers of hobby drones, DJI, generated revenue of US$1bn in 2015 alone. As a consequence of drone systems leading the way in aerospace manufacturing, many […]

Air France-KLM Drops Two A380s For Three More A350 Jets

Reading Time: 1 minute Air France-KLM group announced that they converted the last two Airbus A380 orders to three A350-900 long-haul airliners. In 2013, it is understood from consolidated results that the real price of an Airbus A380 bought in 2012 by Air France was 149 million euros, far from the $404 million of the list price. This year, […]

World’s First Airline to Fly an Airbus A380 to Latin America

Reading Time: 2 minutes This winter, Air France is offering six weekly frequencies between Paris-Charles de Gaulle and Mexico. Starting on 12 January 2016, three weekly flights are operated by Airbus A380, the Company’s largest super jumbo (Tuesday, Thursday and Saturday). Air France is the world’s first airline to fly an Airbus A380 to Latin America. The three other […]

Air France Says Paris Attacks Cost 70 Million Euros in December

Reading Time: 1 minute Franco-Dutch airline group Air France-KLM said Monday that the November 13 terror attacks in Paris reduced its December turnover by an estimated 70 million euros. But the effect had largely tailed off over the past two weeks, it added. “The negative impact of the Paris attacks on December revenues is estimated to be around 70 […]

Lufthansa Sees Lower Fuel Boosting Profit in 2016

Reading Time: 2 minutes Lufthansa said it expected its fuel bill to be 14 percent lower in 2016 thanks to falling oil prices, which will help boost its profit next year after record earnings in 2015. Oil has dropped around 70 percent since June 2014, touching levels not seen in over a decade this week, bringing a boon to […]