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 […]

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 […]

Reading Time: 2 minutes Final preparations are underway to create a new European airline association, called Airlines for Europe (A4E), which is expected to launch around the third week of January 2016. In June 2015, Europe’s five largest airline groups—Air France-KLM, easyJet, International Airlines Group (IAG), Lufthansa Group and Ryanair—joined forces to lobby on European aviation policy. At the […]

Reading Time: < 1 minute Etihad Airways has expanded its cooperation with Air France-KLM through a component maintenance agreement for its Boeing 777 fleet. The precise value of the 10-year deal was not given, although Etihad said it was worth several hundred million dollars and would start February 2016. It will give Etihad and its equity partners access to a […]