Air France–KLM

Franco-Dutch multinational airline holding company

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November 27 2024 Air France-KLM entered talks to buy a 20% stake in Spanish airline Europa, with a potential transaction worth over €100 million.
September 1 2024 SAS joined SkyTeam alliance.
August 31 2024 SAS exited Star Alliance.
June 28 2024 European Commission approved the investment in SAS.
March 2024 US Bankruptcy Court approved SAS's restructuring plan to exit Chapter 11 proceedings.
January 2024 The strategic partnership with CMA CGM was mutually terminated without changing the group's capital structure.
October 2023 Air France-KLM, the Danish state, and two investment firms announced plans to invest in Scandinavian Airlines (SAS), taking a 19.9% stake.
August 31 2023 Air France-KLM completed the ISIN change for its stock.
July 12 2023 Air France-KLM announced a 10-for-1 reverse stock split and an upcoming ISIN change.
2022 Air France-KLM airlines transported 83 million passengers, demonstrating the group's substantial passenger volume and market presence.
May 2022 Air France-KLM signed a strategic partnership with CMA CGM to develop joint air cargo capacities, with CMA CGM acquiring a 9% stake in the group.
2019 Air France-KLM sold VLM Airlines after merging its operations with Cityjet.
2019 Air France-KLM sold Cityjet to Intro Aviation, a German aviation holding company.
June 2019 Air France-KLM merged Joon back into Air France, effectively dissolving the subsidiary airline.
February 26 2019 The Dutch government announced the purchase of 12.68 percent of shares in Air France-KLM, with plans to increase its stake to around 14 percent.
September 30 2018 Benjamin Smith officially began his duties as CEO of Air France-KLM.
August 16 2018 Air France-KLM's Board of Directors announced the appointment of Benjamin Smith as the new CEO.
May 4 2018 Jean-Marc Janaillac announced his resignation as CEO after employees rejected a new salary package.
January 2018 Jean-Marc Janaillac reported to the French Senate on the group's 2017 performance, highlighting revenue growth and operating profit challenges.
July 4 2016 Jean-Marc Janaillac replaced Alexandre de Juniac as CEO of Air France-KLM.
April 2016 Alexandre de Juniac, Chairman and CEO since 1 July 2013, announced his resignation.
2015 Air France experienced a severe business crisis and pilot's strike, resulting in nearly 3,000 job cuts, deferred 787 deliveries for KLM, and retirement of six McDonnell-Douglas MD-11 airplanes by Martinair.
February 2014 Air France-KLM invested $100 million in Brazilian airline Gol Linhas Aéreas Inteligentes ahead of the 2014 football World Cup.
December 2013 Air France-KLM sold its subsidiary CityJet to Intro Aviation.
August 2011 Air France-KLM was categorized as one of the World's 10 safest airlines.
February 2011 Air France-KLM and Delta Air Lines collaborated to examine a potential bid for Virgin Atlantic, where Richard Branson held a 51 percent stake.
November 2010 European Commission fined Air France-KLM €310 million following a price-fixing investigation.
May 2010 Air France-KLM announced increased losses of €1.56 billion for the year, with additional €160 million loss due to the Eyjafjallajökull eruptions.

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