The Latest Breaking News from Air FranceKLM

A top EU court annulled on Wednesday the approval of a pandemic state aid programme for Air France-KLM that had been challenged by Irish rival Ryanair and Malta Air.

Low-cost airlines Ryanair and Malta Air have won a court case against the European Union’s decision to approve billions of euros in state aid by the French government to holding company Air France-KLM during the COVID-19 pandemic

The airlines urged customers to "fly more sustainably" with them, but the ASA said there was no evidence they could do so.

Shares in Scandinavian Airlines have dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased

Air France-KLM announced that it will place a "major order" for 50 long-haul Airbus A350s, as part of its effort to introduce more fuel-efficient planes and reach sustainability targets.

Air France-KLM has announced it has doubled its year-on-year net profit in the second quarter of 2023 to €604 million, benefiting from high demand in air travel despite rising inflation which has increased costs.

Kenyan and Tanzanian governments accuse the carrier of spreading ‘unfounded’ claims about purported ‘civil unrest’.

Despite the recent retreat in oil and gas prices from their peaks due to concerns of an economic slowdown, the energy supply is expected to lag behind its demand in the long run. The energy sector has outperformed the broader market this year, and the reopening of the Chinese economy…

Energy has outperformed the broader market this year. Despite the recent decline in oil and gas prices from their peaks, analysts remain bullish on the sector’s performance next year. Thus, as we head into the new year, it could be wise to buy fundamentally sound energy stocks Shell plc (SHEL)…

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

Air France-KLM shares fell more than 10 percent on Wednesday after the European airline group announced the sale of bonds convertible into new shares worth 300 million euros to pay back state aid and boost capital.