Delta, Air France-KLM and Virgin Atlantic are to form a combined global joint venture as part of a shake-up of the industry that also allows China Eastern to bolster its presence in the China-Europe market.
CEO Jean-Marc Janaillac has launched an initiative to tackle the airline's issues head-on, mainly cutting costs and growing long-haul operations. Air France-KLM returned to net profit for the first time in six financial years last year, turning a net loss of €225 million in 2014 to a positive net result of €118 million.
