asap news (Free subscription) | 07/13/2008
The chief executive of Air France-KLM, Jean-Cyril Spinetta, has announced that the group’s first three Airbus A380s are to be delivered in the second half of 2009, which is somewhat later than the previous expectation of delivery in April 2009. Spinetta informed attendees at the group’s annual general meeting of the delayed delivery of [...]
Law Blog - WSJ.com (Free subscription) | 07/08/2008
Air France-KLM scaled back its capacity growth expectations for this winter and next summer, responding to soaring fuel costs, although it is still faring better than many of its U.S. and European rivals.
Market Watch (Free subscription) | 07/07/2008
LONDON (MarketWatch) -- Air France-KLM said Monday that traffic rose 2.6% in June and total passengers grew 1.3% to 6.79 million from 6.7 million a year earlier. Load factor, measure of passengers against available seats in the month slipped to 81.5% from 82.7%. The group said activity levels were affected by the air traffic control strike at Paris Orly airport, though yield was boosted by...
Financial Time (Free subscription) | 07/07/2008
Air France-KLM, Europe's largest airline, is halving its planned rate of capacity growth for the coming winter and 2009 summer seasons in response to the slowdown in air travel's growth rate
asap news (Free subscription) | 07/09/2008
Air France-KLM announced earlier in the week that it would be scaling back its expected growth for the coming winter and the summer season of 2009, because of the high cost of jet fuel. The airline is still doing better financially than many of its competition in the US and Europe, however. The world’s [...]
Reuters UK (Free subscription) | 07/04/2008
PARIS, July 4 (Reuters) - Air France KLM , the world's biggest airline by revenues, confirmed on Friday it was considering offering high-speed rail travel and will adjust its winter seat capacity in the face of soaring jet fuel costs.
International Herald Tribune (Free subscription) | 07/04/2008
With the high price of fuel raising the cost of flying, Air France-KLM said Friday that it was looking into replacing some of its short-haul European flights with high-speed rail service in partnership with a French train operator. Analysts said the move could lead to significant savings.
asap news (Free subscription) | 06/30/2008
The Air France-KLM Group has agreed to pay $350 million in criminal fine and to plead guilty to a conspiracy, with other major airlines, to fix air cargo rates. The U.S. Justice Department reported that the fine would be the second-highest ever imposed by a U.S. court for criminal price fixing. A federal judge is [...]
ABS CBN (Free subscription) | 06/26/2008
WASHINGTON - Several airlines, including Air France-KLM and Cathay Pacific Airways, have agreed to pay US criminal fines totaling 504 million dollars to settle charges of a conspiracy to fix air cargo rates, officials said Thursday.
Financial Time (Free subscription) | 06/27/2008
Air France-KLM has agreed to pay a $350m (€222m) fine in the US for its role in a criminal conspiracy to fix air cargo rates, officials said yesterday. The fine is...
France24 (Free subscription) | 06/26/2008
French-Dutch airline company Air France-KLM was ordered by the US Justice Department to pay $350 million for fixing air cargo prices in the US. Cathay Pacific, Danish carrier SAS and Martinair Holland were also charged.
Star Tribune (Free subscription) | 06/26/2008
Associate Attorney General Kevin O'Connor called the scam an "international price-fixing cartel" that cost consumers hundreds of millions of dollars between 2001 and 2006. In some instances, for example, fuel surcharges rose by 1,000 percent.
ziomal.biz (Free subscription) | 06/25/2008
United Arab Emirates: Air France KLM announced voluntary measures which will be taken to limit the effects resulting from the emission of carbon dioxide in the atmosphere. [AMEInfo.com]
Scotsman.com (Free subscription) | 06/21/2008
AIR France KLM is planning to boost its operations between Scotland and its two major European hubs, as long as oil prices do not soar too much further.
Market Watch (Free subscription) | 06/09/2008
LONDON (MarketWatch) -- Air France-KLM , Europe's largest airline, on Monday said passenger traffic rose 6% in May, as public holidays in France boosted leisure traffic in the first half of the month and business underpinned demand in the second half. The load factor, a measure of how full an airline's planes are, improved to 79.3% from 79.1%. The airline carried 6.6 million passengers, up...
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mister
What chance KLM/Air France will write to all their frequent flyers and explain the situation on this $500 million fine? How about an assurance that the...
scrambled - (not a member) - 06/27/2008