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Air France KLM Group


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Air France to abandon Heathrow to LA route

Air France-KLM is abandoning its first foray into the long-haul market between London Heathrow and the US in the face of the global financial crisis - just six months...

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World Business Briefing | Europe: Italy: Talks Begin on Alitalia

CAI, the Italian investor group, is beginning talks this week to sell a stake in Alitalia to Air France-KLM Group or Deutsche Lufthansa.

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UPDATE 1-Air France-KLM Sept passenger traffic up 0.5 pct

PARIS, Oct 7 (Reuters) - Air France-KLM reported a 0.5 percent rise in passenger traffic and higher yields in September, but a 12.2 percent fall in cargo highlighted a drop in economically sensitive freight volumes between Europe and Asia.

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Air France CEO talks deal with Alitalia investor group

Air France-KLM chief executive officer Jean-Cyril Spinetta met yesterday with officials from the investor group set to take over Alitalia-Linee Aeree Italiane SpA, as the contest to buy a minority stake in the insolvent airline heats up. Mr. Spinetta met in Rome with Roberto Colaninno, chairman of the Italian investor group CAI, according to an Air France spokesman. Mr. Spinetta has said the French...

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Alitalia rescue on course as pilots won over

Alitalia, the struggling Italian airline, hopes to link up with Air France-KLM or Lufthansa once its planned rescue concludes.

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UPDATE 1-Alitalia rescue shifts focus to finding partners

ROME, Sept 28 (Reuters) - Alitalia's prospective owners, with key unions finally backing their rescue plan, say they are shifting their focus to forming a tie-up with either Air France-KLM or Lufthansa and launching the new airline by Nov. 1.

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Airlines may take stake in Alitalia rescue consortium

LUFTHANSA AND AIR France-KLM are considering taking a minority stake in the Italian consortium seeking to rescue Alitalia from bankruptcy, representatives of the consortium said yesterday.

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Lufthansa and Air France eye minority Alitalia stakes

Lufthansa and Air France-KLM are considering taking a minority stake in the Italian consortium that is seeking to rescue Alitalia from bankruptcy, representatives of...

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Lufthansa and Air France eye Alitalia stakes

Lufthansa and Air France-KLM are considering taking a minority stake in the Italian consortium that is seeking to rescue Alitalia from bankruptcy, representatives of the consortium said

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Lufthansa meets unions at struggling Alitalia

Air France-KLM still waiting in the wings to grab bankrupt Italian airline

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UPDATE 1-New Air France-KLM CEO as top roles are split

PARIS, Sept 25 (Reuters) - Air France-KLM said on Thursday it was splitting the chairman and chief executive roles and Jean-Cyril Spinetta would hand day-to-day running of the world's biggest airline by revenues to his deputy.

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AVIATION: Top union OKs Alitalia plan; Air France-KLM to buy stake

Italy's leading union, CGIL, has arrived at a framework agreement and called upon more reticent unions to "contribute to the company's recue". Meanwhile, Rome's mayor announced that Air France-KLM would be Alitalia's foreign partner.

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Alitalia rescue hopes climb as union said to back deal

LONDON (MarketWatch) -- The Alitalia saga continued on Thursday with hopes of a rescue back on the table as reports indicated the CGIL union will back the sale of assets to investor group CAI. Air France-KLM is reportedly back in the Alitalia discussions and may purchase as much as 25% of the Italian airline. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move....

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Air France-KLM in talks to join Alitalia bidder-source

ROME, Sept 24 (Reuters) - Air France-KLM is in talks to take a 15-25 percent stake in the Italian consortium CAI that had bid for parts of Alitalia, a source close to the talks said on Wednesday.

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Three airlines on shortlist for Austrian Airlines takeover

Vienna - Lufthansa, Air France-KLM and the Russian carrier S7 will likely bid for the takeover of Austrian Airlines, several Austrian media reported Monday. Austria's state holding company OeIAG is seeking to sell its 42.75- per-cent stake in the Aus...