Tag Archives: 052

Air France-KLM reduces its first half net loss to $824.6 million

Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) reported a net loss of €614 million ($824.6 million), an improvement of €185 million ($248.4 million).

As part of the expanding Transavia lower-fare operations the Group issued this statement:

In the Second Quarter of 2014, Transavia capacity was up 4.8%, reflecting the accelerated development of Transavia France (up 10%) and the repositioning of Transavia Netherlands (up 3% including a 6% reduction in charter capacity). Traffic rose 6.0%, leading to a record high load factor of 90.7% (up 0.9 point). Unit revenue was down 1.7%. Transavia’s total revenue stood at 296 million euros, up 5.0%. The operating result was -6 million euros, down 3 million euros year-on-year.

In the First Half of 2014, Transavia traffic increased by 6.9% for capacity up 5.8%, leading to a 0.9 point increase in load factor to 89.2%. Unit revenue was down 2.6%. Total revenue stood at 435 million euros, up 4.5%, while the unit cost per ASK decreased by 0.8%, but increased by 0.5% on a constant currency basis. The operating result decreased by 10 million euros to -64 million euros, mainly due to the ramp up of Transavia France.

Overall the Group issued this outlook:

Delivery on the Transform 2015 plan is fully on track. However, as indicated at the beginning of the month, the operating environment remains tough, with industry overcapacity on certain long-haul routes, notably North America and Asia, impacting yields. This trend comes on top of the persistently weak cargo demand and the challenging situation in Venezuela already identified in the First Quarter.

Under these conditions, as indicated at the beginning of the month, 2014 EBITDA is expected to be between 2.2 and 2.3 billion euros. Strong capital discipline will enable the group to remain on track in terms of debt reduction and achieve its objective of 4.5 billion euros in net debt in 2015.

Read the full report: CLICK HERE

Top Copyright Photo: Brian McDonough/AirlinersGallery.com. Air France’s Airbus A380-861 F-HPJE (msn 052) with the special logo to celebrate 50 years of France-China diplomatic relations.

Air France: AG Slide Show

KLM: AG Slide Show

Transavia (Netherlands): AG Slide Show

Transavia (France): AG Slide Show

Hop!: AG Slide Show

Fleet Information:

Air France 6.30.14 Fleet (LRW)

KLM 6.30.14 Fleet (LRW)

Bottom Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 747-406 PH-BFF (msn 24202) completes its final approach to the runway at Toronto (Pearson).

Air France celebrates 50 years of diplomatic relations between France and China with a special emblem on F-HPJE

Air France (Paris) has applied a new “France China – 50 And (50 Years)” emblem to its Airbus A380-861 F-HPJE (msn 052) to celebrate 50 years of diplomatic relations between France and China.

In 1964 France and the Peoples Republic of China (PRC) re-established ambassadorial level diplomatic relations.  The move was a result of Charles de Gaulle’s official recognition of the PRC. Today both countries share a basic economic relationship.

Related to this, from June 9 to October 25, 2014, Air France will offer a daily flight from Paris to Hong Kong with the pictured Airbus A380 (4 flights per week from May 27 to June 8, 2014). Air France thus becomes the first airline to connect France and the “Pearl of the Orient” with the A380. Served for over 75 years by Air France, Hong Kong is the second destination in China served with the A380.

Copyright Photo: Mark Durbin/AirlinersGallery.com. F-HPJE taxies at San Francisco with the logo (click on the photo for the full size image).

Air France:

Air France-KLM turns to the black in the first six months of 2013

Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) issued its financial report for the first six months of 2013 including subsidiary Transavia Airlines (Amsterdam). The group reported an operating profit of $105 for the first half turning around a comparable loss in the first six months of 2012. The group expects to make an operating profit for the entire  year.

Read the full report: CLICK HERE

Read the analysis by Bloomberg: CLICK HERE

Top Copyright Photo: Brian McDonough/AirlinersGallery.com. Airbus A380-861 F-HPJE (msn 052) climbs away from Washington (Dulles).

Air France: AG Slide Show

KLM: AG Slide Show

Bottom Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 777-306 ER PH-BVD (msn 35979) in the SkyTeam motif taxies to the runway at the Amsterdam hub.

Air France-KLM’s 1Q loss widens to $826.3 million

Air France-KLM (Air France) (KLM Royal Dutch Airlines) (Paris) lost €630 million ($826.3 million) in the first quarter, compared to a smaller loss of €379 million ($497.1 million) in the same quarter a year ago.

Read the full report: CLICK HERE

Top Copyright Photo: Ole Simon. Air France Airbus A380-861 F-HPJE (msn 052) taxies at the Paris (CDG) hub.

Air France: AG Slide Show

KLM: AG Slide Show

Bottom Copyright Photo: Ton Jochems. Airbus A330-203 PH-AOM (msn 1161) taxies at the Amsterdam base.