What is the relationship between Air France and KLM?

What is the relationship between Air France and KLM?

Air France–KLM is the result of the merger in 2004 between Air France and KLM. Both Air France and KLM are members of the SkyTeam airline alliance. The company’s namesake airlines rely on two major hubs, Paris–Charles de Gaulle Airport and Amsterdam Airport Schiphol respectively.

Who are partners with Air France?

The SkyTeam alliance comprises the following airlines: Air France, Aeroflot, Aerolíneas Argentinas, Aeromexico, Air Europa, China Airlines, China Eastern, Czech Airlines, Delta Air Lines, Garuda Indonesia, Kenya Airways, KLM, Korean Air, Middle East Airlines, Saudi Arabian Airlines, TAROM, Vietnam Airlines and Xiamen …

Is Air France state owned?

Air France-KLM Group SA, headquartered in Paris, is a listed airline created in 2004 by the merger of the two airlines Air France and KLM. At the end of March 2020, the French state owned approximately 14 percent of the shares.

Is Air France owned by Delta?

Delta owns an 8.8% stake in Air France-KLM.

Is Air France-KLM a buy?

Air France-KLM has received a consensus rating of Sell. The company’s average rating score is 1.25, and is based on no buy ratings, 2 hold ratings, and 6 sell ratings.

What is Air France KLM’s main business?

Group in brief. The leading group in terms of intercontinental traffic on departure from Europe, Air France-KLM is a major global air transport player. Its main businesses are passenger transportation, cargo transportation and aeronautical maintenance.

Where is the head office of KLM located?

Air France–KLM’s head office is located in the Roissypôle complex on the grounds of Charles de Gaulle Airport and in Tremblay-en-France, near Paris. The 130,000 square metres (1,400,000 sq ft) complex was completed in December 1995.

What is the Consolidated Statement of net income for Air France-KLM?

Air France-KLM Group – 5 – 17/02/2021 CONSOLIDATED STATEMENT OF RECOGNIZED INCOME AND EXPENSES In € millions Period from January 1 to December 31 Notes 2020 2019 Net income for the period (7,083) 293 Cash flow hedges and cost of hedging

When did KLM start operating from Orly South Airport?

In 1952, Air France transferred its base from Le Bourget airport to Orly, and in 1961, it set up its operations and workshops at Orly South. The trend was similar in the Netherlands, and in 1967, KLM operated its first flight from the brand new airport at Schiphol, near Amsterdam.