Air France KLM October Traffic Up 4.7%; Capacity Rises 4.0%

Air France KLM (AFRAF.PK) reported that, for total group (Air France, KLM, HOP! and Transavia), traffic measured in revenue pax-kilometers increased 4.7% year-over-year for the month of October 2018 to 24.80 billion. Capacity, measured in available seat-kilometers, was 28.33 billion, up 4.0% from the prior year. Load factor was 87.5%, an increase of 0.5 percentage points. Total group carries 9.16 […]

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Air France-KLM Teams With Winding Tree For Blockchain-based Travel Solutions

European airline Air France-KLM announced its partnership with Winding Tree, a blockchain-based open-source travel platform, to develop Blockchain technology in the travel industry, aiming to help flyers and suppliers. Through blockchain, a transparent, secure information storage and transmission technology, Air France-KLM expects to provide a more advantageous travel offer for customers which is more profitable for suppliers, mainly by reducing […]

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Air France Sees Better Than Expected 2018 Despite Strike Fallout

Air France-KLM on Wednesday posted strong second-quarter sales and beat profit expectations dampened by strikes that have so far cost the airline group 335 million euros ($392 million) and one chief executive. Its shares rose after it reported a 345 million-euro operating profit on a 1.7 percent unit revenue gain at constant exchange rates – a key measure of airline […]

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