Tag: Air France-KLM

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 […]

New European Airline Association Takes Shape

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 […]

Etihad and Air France-KLM Expand MRO Cooperation

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 […]