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- Satisfied with what they've discussed, Air France and KLM shook the global aviation industry in late 2003 as they announced an incredibly unexpected deal in the form of a merger - except their branding and company would be kept separate while still operating under a singular umbrella, which was something the industry did not see coming.
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Aug 6, 2021 · This was one of the largest mergers in aviation history and created one of Europe’s largest airline groups. The two airlines still operate under separate brands, but the merger has brought cost and operating advantages. This article explores the story of this merger and what the future looks like.
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Oct 28, 2022 · Investors fret about prolonged travel chaos in Europe. Shares sink more than 16% Oct 28 (Reuters) - Air France-KLM (AIRF.PA) on Friday cut its capacity forecast and its Dutch arm warned of...
May 24, 2022 · PARIS, May 24 (Reuters) - Air France-KLM (AIRF.PA) on Tuesday launched a 2.26-billion-euro ($2.41 billion) share sale to shore up its balance sheet and repay some French state aid as it seeks...
Apr 30, 2024 · 1:56. Air France-KLM will freeze the hiring for support staff as part of a cost-cutting drive after reporting a wider first-quarter operating loss amid higher expenses, the conflict in the...
On 5 May 2004, Air France–KLM was created by the mutually agreed merger between Air France and Netherlands-based KLM. As a result of the deal, the French government's share of Air France was reduced from 54.4% (of the former Air France) to 44% (of the combined airline).