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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