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Air France - KLM News

News on Air France - KLM (Ticker: AKH) continually updated from thousands of sources around the net.

12 min ago | Channelnewsasia.com

Air France pilot strike to enter fourth day as talks sputter

Striking Air France pilots dug in their heels on Wednesday , rejecting government calls to go back to work and new assurances from management that low-cost operations would not threaten their jobs. Passengers wait at the domestic check-in desk of the Air France airline company at Marseille airport, in Marignane, southern France.

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11 hrs ago | Bloomberg

Europe Stocks Rebound From Two-Week Low Before Fed Update

An eight-day winless streak in European stocks ended today as optimism that central bankers around the world will continue to support economic recovery helped the Stoxx Europe 600 Index rebound from a two-week low. U.S. index futures were little changed, while Asian shares rose.

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Related Topix: Financial Markets, Airlines, Daily Mail and General Trust

Tue Sep 16, 2014

CBC News

Airfare discounts and the price you pay: Don Pittis

Don Pittis has been a Fuller Brush man, a forest fire fighter and an Arctic ranger before discovering journalism. He was principal business reporter for Radio Television Hong Kong before the handover to China and has produced and reported for CBC and BBC News.

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Globe and Mail

Air France, Lufthansa strikes hit European travel

Air France-KLM chairman and chief executive Alexandre de Juniac gives a press conference, in Paris, Monday, Sept. 15, 2014.

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Related Topix: Airlines, Commercial Aircraft, Boeing Aircraft, Boeing 737, Aircraft

Russia Taday

Air France strike: Massive flight disruptions, could cost up to $19mn

A passenger walks past empty check-in lines on the first day of an Air France one-week strike at Nice International airport September 15, 2014. Up to 60 percent of Air France flights have been canceled as the company's pilots began a week-long strike over the cuts.

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Minyanville

News & Views: Monday, September 15

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+ .

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Related Topix: Airlines, Alibaba, Financial Markets

Mon Sep 15, 2014

Newsday

Air France strike amid Europe's low-cost shakeup

In Central Islip closed due to accident on CR 100-Suffolk Ave WB between Powell Ave and County Rte 17/Carleton Ave/Wheeler Rd. Stop and go traffic from Hwy 454/Veterans Hwy in Islandia In Smithtown construction work on NY Rt-25 WB between Rt-111/Rt-25a/Hauppauge Rd and Rt-110/Walt Whitman Rd in Huntington Station In Riverhead construction work on NY Rt-25 EB between CR-58/Old Country Rd and Youngs Ave in Southold In Huntington Station construction work on NY Rt-25 EB between Rt-110/Walt Whitman Rd and Rt-111/Rt-25a/Hauppauge Rd in Smithtown Travelers look at departure boards at Paris Charles de Gaulle Airport in Roissy, near Paris, Monday, Sept. 15, 2014.

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Reuters

Turbulent times for Europe flag carriers

Air France pilots have started a week-long strike and they'll be joined by Lufthansa pilots on Tuesday. Ivor Bennett looks at the growing crisis facing some of Europe's main flag carriers as they try to take on budget rivals.

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Detroit Free Press

Strike cancels Air France Detroit-Paris flights

This Boeing 747 is part of the Air France fleet. An estimated 60% of pilots are on strike this week, disrupting service around the globe.

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Wall Street Journal

Air France-KLM Pilot Strike Brings Chaos

Air France-KLM SA said Monday that a pilot strike that is crippling nearly two thirds of the airline's flights could weigh on the company's results as it predicted further chaotic service.

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Nanaimo Daily News

Air France pilots launch weeklong strike as airline economizes to compete with low-cost rivals

At least half of Air France flights around the world were cancelled Monday as pilots kicked off a weeklong strike, angry that the company is shifting jobs and operations to a low-cost carrier to better keep up with rivals. The company's challenges echo those faced by flagship airlines across Europe as they face tough competition from budget airlines for short-haul flights and cash-rich Gulf state carriers on long-haul routes.

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WTEN-TV Albany

Air France strike as Europe faces low-cost shakeup

15, 2014. . An Air France plane is reflected on a window at Paris Charles de Gaulle airport, in Roissy, near Paris, Monday, Sept.

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Sun Sep 14, 2014

Bloomberg

Air France Pilot Strike to Cancel 52% of Flights Monday

Air France said it's bracing for the most disruptive strike since 1998 tomorrow as pilots walk out over management plans to expand low-cost operations using flight crew paid less than at the mainline carrier. The French arm of Air France-KLM Group, Europe's biggest airline, expects to cancel 52 percent of services on the first day of an action due to run through Sept.

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Related Topix: Travel, France Travel, Europe Travel, Airlines

Wall Street Journal

Air France to Cancel More Flights Amid Strike

Air France-KLM said late Saturday that the airline would only operate four out of 10 scheduled flights on Monday because of a strike by pilots.

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NWAonline

Air France warns of disruptions if pilots strike

Air France-KLM warned Saturday that it was preparing to cancel about 60 percent of its scheduled flights Monday because of a dispute with pilots, a move that has the potential to disrupt the travel plans of tens of thousands. Subscribers must LOG-IN to read this full story.

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Thu Sep 11, 2014

BBC News

Housing market 'reaches plateau'

The Royal Institution of Chartered Surveyors said the number of house sales agreed in August fell for the first time in two years. "In some areas the recovery has only recently taken hold and affordability is rather less stretched," said Simon Rubinsohn, RICS chief economist.

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Reuters

UPDATE 1-Air France-KLM sees profit boost from new strategic plan

Air France-KLM pledged to improve its core earnings by 8 to 10 percent a year through 2017 as part of a new strategic plan combining an assault on the European leisure market with efforts to improve its appeal to long-haul travellers. The Perform 2020 plan calls for new planes for its Transavia low-cost unit in Europe, coupled with further restructuring of loss-making activities.

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Wed Sep 10, 2014

AlertNet

European Factors to Watch- Shares to fall for 4th day

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Tue Sep 09, 2014

Reuters

Air France-KLM to invest 1 billion euros into low-cost brand

The plan will create up to 250 new pilot jobs by 2019 and grow Transavia's fleet to over 100 aircraft, Chief Executive Officer Alexandre de Juniac was quoted as telling French daily Les Echos in the newspaper's Wednesday edition. Europe's second-largest traditional carrier by revenue said last week its board had approved a plan to open new bases under the Transavia brand in Europe in a bid to recapture market share from both low-cost carriers and fast-growing Middle East rivals.

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Reuters

Air France to reap 339 mln euros in cash from Amadeus shares

Air France-KLM said on Tuesday it would reap proceeds of 339 million euros in cash from the sale of a more-than 3-percent stake in travel technology company Amadeus. The Franco-Dutch airline said it had settled a derivatives transaction on 12 million Amadeus shares, or a 2.68 percent stake, by selling part of that holding.

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