Business travel may still not be back to pre-pandemic levels, but leisure customers booking premium economy or business class seats shows no signs of slipping.
CEO Ben Smith said at the time that as of April, the group would be free of the state aid-linked constraints and would be able to take part in M&A activity.
How two large industry players are looking to roll out new initiatives to address talent shortfalls while also aiding current workforce productivity levels.
Does progress in ITA Airways privatization saga at the start of 2023 mark the start of a year of consolidation for Europe’s vulnerable secondary airlines?
Air France-KLM said it would repay €1 billion ($998 million) of the €3.5 billion outstanding on the French state-backed loan that helped it through the coronavirus pandemic.
Air France-KLM has begun exclusive discussions with Apollo Global Management over the injection of €500 million ($527 million) of capital into an engine subsidiary, in the airline group’s latest step toward repaying its COVID-19 related state aid.
Seventeen years after first working together, Air France CEO Anne Rigail and incoming KLM CEO Marjan Rintel will collaborate again on key fleet decisions for the group.