Air France-KLM News

Reuters • Rishabh Jaiswal

SAS Exits Chapter 11 with $1.2B Investment, New Owners

Scandinavian Airlines (SAS) has emerged from Chapter 11 and Swedish restructuring, securing $1.2 billion from a consortium including Air France-KLM and Castlelake. The airline restructured over $2 billion in debt, initiating a new era with strengthened ownership and leadership under Kare Schultz.

2024-08-27T21:32:51.493407-07:00

Air Data News

KLM Integrates First Airbus A321neo, Retires Boeing 737s

2024-08-27T07:33:25.960791-07:00

Reuters

EU Court Adviser Recommends Upholding Air Cargo Cartel Fines

2024-09-05T04:30:59.033550-07:00

PaxEx.Aero

KLM Receives First Airbus A321neo for Fleet Modernization Initiative

2024-09-03T05:56:30.840758-07:00

Air France-KLM News Timeline

Reuters

EU Court Adviser Recommends Upholding Air Cargo Cartel Fines A European court adviser suggests the Court of Justice of the European Union dismiss an appeal by Air France-KLM, British Airways, Singapore Airlines, and others against EU's 2017 antitrust fines. These fines, totaling 776 million euros, target 11 airlines for price-fixing in air cargo services.

2024-09-05T04:30:59.033550-07:00

EU Court Adviser Recommends Upholding Air Cargo Cartel Fines

PaxEx.Aero

KLM Receives First Airbus A321neo for Fleet Modernization Initiative KLM has integrated its first Airbus A321neo, a significant advancement in its fleet modernization and sustainability goals. This move underscores the airline's commitment to adopting fuel-efficient technologies for cleaner and quieter operations.

2024-09-03T05:56:30.840758-07:00

KLM Receives First Airbus A321neo for Fleet Modernization Initiative

Simple Flying

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Lufthansa Aims for 19.9% Stake in TAP Air Portugal to Avoid EU Approval Lufthansa is pursuing a 19.9% stake in TAP Air Portugal as part of TAP's privatization effort, allowing the German airline to bypass the need for European Commission approval. CEO Carsten Spohr will meet with Portuguese officials to discuss potential investment strategies.

2024-09-01T05:36:16.878240-07:00

Lufthansa Aims for 19.9% Stake in TAP Air Portugal to Avoid EU Approval

Breitflyte

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SAS Joins SkyTeam Post-Restructuring, Expands Network Scandinavian Airlines System (SAS) has officially joined the SkyTeam airline alliance following an extensive financial restructuring and exit from Star Alliance. The membership enhances SAS’s global reach and aligns with strategic investments from Air France-KLM, enabling connections to over a thousand global destinations.

2024-09-01T04:16:12.510314-07:00

SAS Joins SkyTeam Post-Restructuring, Expands Network

Aviation Week

Air France-KLM Acquires 19.9% Stake in SAS, Joining SkyTeam Air France-KLM has acquired a 19.9% stake in SAS Scandinavian Airlines, enhancing its Scandinavian market presence. This acquisition paves the way for extensive commercial cooperation and codeshare agreements beginning September 1, 2024, further integrating SAS into SkyTeam and expanding network connectivity.

2024-08-28T03:13:46.282687-07:00

Air France-KLM Acquires 19.9% Stake in SAS, Joining SkyTeam

Reuters

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SAS Exits Chapter 11 with $1.2B Investment, New Owners Scandinavian Airlines (SAS) has emerged from Chapter 11 and Swedish restructuring, securing $1.2 billion from a consortium including Air France-KLM and Castlelake. The airline restructured over $2 billion in debt, initiating a new era with strengthened ownership and leadership under Kare Schultz.

2024-08-27T21:32:51.493407-07:00

SAS Exits Chapter 11 with $1.2B Investment, New Owners

Air Data News

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KLM Integrates First Airbus A321neo, Retires Boeing 737s KLM has received its first Airbus A321neo as part of its fleet renewal strategy, aiming to replace the Boeing 737s. The aircraft, equipped with RECARO R1 and R2 seats, will enter service on European routes by mid-September, enhancing fuel efficiency and passenger comfort.

2024-08-27T07:33:25.960791-07:00

KLM Integrates First Airbus A321neo, Retires Boeing 737s

Reuters

Tech Outage to Cost Air France KLM $10.85M Says CFO Air France KLM estimates a financial impact of about 10 million euros ($10.85 million) due to last week's global technology outage. This makes them one of the first airlines to report monetary losses from the incident, with KLM and Transavia being the most affected.

2024-07-25T04:38:29.535948-07:00

Tech Outage to Cost Air France KLM $10.85M Says CFO

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