Air France initiated a contingency cargo plan today as pilots begin a week-long strike that will ground more than half of the carrier’s flights.
08 Sep 2014
The gap between the sluggish European air cargo sector and the resurgent global market looks set to widen with two of the region’s leading carriers posting declines in freight traffic in August.
05 Sep 2014
Air France-KLM announced a major downsizing of its freighter fleet in the latest bid to return its cargo operation to profitability amid sagging global demand and increased competition from fast-growing Arab Gulf airlines.
25 Jul 2014
Air France-KLM today said it is weighing a partnership or restructuring of its freighter business after booking cargo losses and charges of $205 million in the second quarter, but stressed it will remain a major player in the air freight market.
22 Jul 2014
Air France-KLM, Europe’s largest cargo airline by revenue, is about to reveal whether it plans to shed its dedicated freighter fleet.
08 Jul 2014
Air France-KLM trimmed its 2014 profit forecast by up to 12 percent, citing “persistently weak” cargo demand.
01 Nov 2013
09 Oct 2013
Alitalia, Italy’s national airline, risks bankruptcy and its fleet could be grounded within days as its financial crisis nears a tipping point.