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Lufthansa and Air France-KLM defy trade war worries

European airlines Lufthansa and Air France-KLM reported higher second-quarter profits today defying worries that economic uncertainty and US tariffs might hit transatlantic travel.

Business • 31 Jul

KLM today deemed its annual performance as 'disappointing' and warned cost pressures continued

Air France-KLM annual results top expectations

Air France-KLM have reported better than expected annual results today, citing reduced costs and a strong fourth quarter performance while its Dutch unit flagged ongoing pressures on profitability.

Business • 06 Mar

KLM said it would 'reconsider and postpone' all investments, such as those in a new headquarters and maintenance buildings

Dutch airline KLM to cut investments due to rising costs

Dutch airline KLM will cut costs and postpone investments because of the rising cost of equipment, staff and airport fees, it said today.

Business • 03 Oct 24

Lufthansa's Brussels Airlines is among 20 airlines being investigated by the European Union for potentially misleading greenwashing practices

Air France, Brussels Airlines in EU greenwashing probe

Air France, its Dutch KLM arm and Lufthansa's Brussels Airlines are among 20 airlines being investigated by the European Union for potentially misleading greenwashing practices, the airlines told Reuters, confirming a report by Belgian broadcaster RTBF.

Business • 02 May 24

The Dutch court agreed with the greenwashing cliam, but did not impose any punishment on the airline - the Dutch arm of Air France-KLM

KLM ads misleading in 'greenwashing' case - court

A Dutch court ruled today that KLM had misled customers with an advertising campaign aimed at improving the company's environmental image, in a case of so-called "greenwashing".

Business • 20 Mar 24

Ryanair has won its second challenge against a €3.4 billion Dutch bailout for Air France-KLM's Dutch unit

Ryanair again wins court challenge against KLM bailout

Ryanair has today won its second challenge against a €3.4 billion Dutch bailout for Air France-KLM's Dutch unit after Europe's second top court said EU competition regulators had erred in not taking into account other beneficiaries within the airline group.

Business • 07 Feb 24

KLM denies greenwashing and says its 'Fly Responsibly' campaign was intended to make people think twice before flying

KLM defends ads in Dutch court, denies 'greenwashing'

KLM has defended itself against "greenwashing" allegations in court today, asking judges to rule against an environmental group that has argued the Dutch airline's "Fly Responsibly" ad campaign was misleading.

Business • 19 Dec 23

Air France-KLM reported an operating profit of €1.34 billion for the third quarter, up 31% year-on-year but 2% below analysts' consensus forecast

Air France-KLM shares hit new low as Q3 underwhelms

Shares in Air France-KLM fell as much as 8% to an all-time low today as record third-quarter profits just missed expectations and some analysts worried about rising fuel costs and a lack of profit guidance for the fourth quarter.

Business • 27 Oct 23

Ryanair's CEO Michael O'Leary said today that bookings to Israel have collapsed

Ryanair says up to govts whether airlines fly to Israel

Airlines wrestled with the safety risk of evacuation operations in Israel today, with Norwegian Air and Dutch KLM cancelling flights while Air France was going ahead with a special flight chartered by the French foreign ministry.

Business • 12 Oct 23

KLM, which says it has discontinued the "Fly Responsibly" campaign that was the initial target of the Fossil Free suit, said it looks forward to arguing its case in full.

'Greenwashing' lawsuit against KLM to proceed

A Dutch court has allowed a civil suit by environmental groups against KLM to proceed to the next phase for commercials that allegedly misled consumers about the airline's environmental credentials.

Business • 07 Jun 23

Schiphol has asked airlines to cut thousands of daily passengers to ease the pressure.

KLM to scrap up to 20 European flights a day

KLM, the Dutch arm of Air France has said it will scrap up to 20 daily flights to European destinations because of staff shortages.

Business • 08 Jul 22

Dutch campaigners Fossielvrij today filed a lawsuit against KLM, the first lawsuit alleging greenwashing in the airline industry

Dutch airline KLM sued over 'greenwashing' ads

Environmental groups are suing the Dutch subsidiary of Air France KLM over an advertising campaign they allege breaches European consumer law by misleading the public over how sustainable its flights are.

Business • 06 Jul 22

Ryanair's challenge to a €10 billion Spanish fund for virus-hit companies has been dismissed

Ryanair wins challenges to KLM and TAP state aid

Europe's second-highest court has today upheld Ryanair's fight against billions of euros in state aid granted to its rivals KLM and TAP but dismissed its challenge to a €10 billion Spanish fund for virus-hit companies.

Business • 19 May 21

Air France-KLM said it expects to operate 50% of its pre-pandemic flight capacity in the second quarter of 2021

Air France-KLM's first quarter operating loss widens

Air France-KLM sales are showing little sign so far of a travel upturn it still hopes to see by summer, the airline group said, as it posted a wider first-quarter operating loss.

Business • 06 May 21

Air France-KLM's chief executive Ben Smith

Air France-KLM sees bigger losses before recovery

Renewed Covid-19 lockdowns are pushing Air France-KLM deeper into the red, the airline group warned today, as it chalked up a €7.1 billion net loss for 2020 and postponed a key mid-term profitability goal.

Business • 18 Feb 21

Sustainable fuel will potentially make the biggest contribution to emissions reductions in new airline fleets, said Pieter Elbers, who heads KLM

KLM operates first flight with synthetic kerosene

A commercial KLM airlines flight powered with synthetic fuel carried passengers from Amsterdam to Madrid last month in a world first, the Dutch government and the airline has confirmed.

Business • 08 Feb 21

the Dutch government agreed in June to offer KLM an aid package to keep it flying through the coronavirus crisis

Dutch court sees no need to block state aid for KLM

A Dutch court has today dismissed a demand by Greenpeace to block the €3.4 billion of state aid granted to airline KLM earlier this year.

Business • 09 Dec 20

KLM said the new cuts would mean its workforce, 33,000 before the pandemic, would be reduced by 20% in all by 2022.

KLM announces 1,500 new job cuts

KLM, the Dutch arm of Air France-KLM, said it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus outbreak.

Business • 31 Jul 20

The European Commission approves the €3.4 billion bailout package promised by the Dutch government to KLM

European Commission agrees to €3.4 billion KLM bailout

The European Commission today said it had approved the €3.4 billion bailout package promised by the Dutch government to airline KLM last month.

Business • 13 Jul 20

The Dutch government is to provide KLM with a €3.4 billion financing package to help it survive the pandemic

Dutch government backs €3.4 billion KLM support deal

The Dutch government said it would provide Air France-KLM's Dutch subsidiary KLM with a €3.4 billion financing package to help it survive during the coronavirus pandemic.

Business • 26 Jun 20

Major airlines, including Air France-KLM, Lufthansa, United Airlines and Delta Air Lines, have already mandated face masks for all passengers

Air France-KLM passengers must wear masks from 11 May

Air France-KLM said it will require all passengers on board its flights to wear masks from May 11 to comply with French government guidelines on Covid-19 protection measures.

Coronavirus • 05 May 20

Air France-KLM is moving towards a rescue deal worth about €10 billion in which the Dutch government would guarantee around €2 billion in loans to KLM

Air France-KLM boss gives up bonus

Air France-KLM Chief Executive Ben Smith said he had given up his 2020 bonus, after a Dutch minister urged executive pay restraint in return for the billions of euro in government aid sought by the airline group.

Business • 23 Apr 20

KLM has withdrawn its proposed bonus increase for its chief executive over the weekend after public outrage

KLM scraps plan for bonus increase for CEO

KLM, the Dutch arm of Air France-KLM, withdrew a proposed bonus increase for its chief executive over the weekend after public outrage that the company, which is trying to secure state support, should have even considered the move.

Business • 20 Apr 20

Air France staff today staged a 13th day of walkouts this year

Air France-KLM reins in profit and growth expectations

Air France-KLM said it expected profits to fall this year due to the effect of strikes at its main French unit, which are forcing it to rein in growth and mean it can not take advantage of a generally benign backdrop for airlines.

Business • 04 May 18

The company's Air France business has set up a new lower cost airline Joon

Air France-KLM profit jumps as price trends improve

Air France-KLM said improving price trends helped it report better than expected third quarter profits, joining major European peers in benefiting from strong summer demand.

Business • 03 Nov 17