Announcement • 1h
Air France-KLM SA Revises Operating Guidance for the Fiscal Year 2026 Air France-KLM SA revised operating guidance for the fiscal year 2026. For the year, the company expect capacity up by +2% to +3% compared to 2025 (previously +2% to +4%). Announcement • May 02
Air France-KLM SA Revises Operating Guidance for the Fiscal Year 2026 Air France-KLM SA revised operating guidance for the fiscal year 2026. For the year, the company expected capacity up by +2% to +4% compared to 2025. (previously +3% to +5%). Announcement • Apr 28
Air France-KLM SA, Annual General Meeting, Jun 03, 2026 Air France-KLM SA, Annual General Meeting, Jun 03, 2026. Location: hotel hilton paris charles de gaulle airport, 8 rue de rome, tremblay en france France Announcement • Apr 03
Air France-KLM SA (ENXTPA:AF) submits a non-binding offer to acquire 49.90% stake in SIAVILO - SGPS, S.A. from Portugal. Air France-KLM SA (ENXTPA:AF) submits a non-binding offer to acquire 49.90% stake in SIAVILO - SGPS, S.A. from Portugal on April 2, 2026. Announcement • Mar 03
Air France-KLM to Pay €368 Million Related to Cargo Final Judgement Air France-KLM has taken note of the judgement of the Court of Justice of the European Union rejecting the appeal filed against the decision of the General Court of Justice of the European Union confirming the decision of the European Commission of 17 March 2017 against 13 cargo operators, including Group airlines Air France, KLM and Martinair for past practices considered to be anti-competitive in the air cargo sector. The practices in question date back more than 20 years and have been subject of proceedings before the European Courts, resulting in a decision that has now become final. Air France-KLM confirms its commitment to comply strictly with competition rules while constantly ensuring the effectiveness of the prevention system that it implements in the framework of its general compliance policy. Provisions for €366m had been made in respect of these fines - which amount to a total of €368 million including interest. The full amount will be paid in March 2026. Announcement • Jan 29
Air France-KLM SA to Report Fiscal Year 2025 Results on Feb 19, 2026 Air France-KLM SA announced that they will report fiscal year 2025 results at 7:45 AM, Central European Standard Time on Feb 19, 2026 Announcement • Nov 07
Air France–KLM Reconfirms Traffic Guidance for the Year 2025 Air France–KLM reconfirmed traffic guidance for the year 2025. For the year, the Group expects Capacity in Available Seat Kilometers for Air France-KLM Group including Transavia to increase by 4% to 5% in 2025 compared to 2024. Announcement • Jul 04
Air France-KLM SA (ENXTPA:AF) intends to acquire 40.60% stake in SAS AB (publ) from Castlelake Aviation Limited and Lind Invest ApS. Air France-KLM SA (ENXTPA:AF) intends to acquire 40.60% stake in SAS AB (publ) from Castlelake Aviation Limited and Lind Invest ApS on July 4, 2025. Upon completion, Air France-KLM SA will own 60.50% stake in SAS AB (publ). Air France-KLM will acquire 32% stake from Castlelake and 8.6% stake from Lind Invest.
The transaction is subject to approval by regulatory board / committee. The transaction is subject to close in second half of 2026. Announcement • Jun 20
Turkish Airlines Reportedly Explores Air Europa Stake as Bid Deadline Looms Turkish Airlines (Türk Hava Yollari Anonim Ortakligi (IBSE:THYAO)) is exploring making a bid for a minority stake in Air Europa (Air Europa Líneas Aéreas S.A.U.), the latest carrier to express interest in the Spanish airline, according to two sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July, one of the sources and two more said. The sources declined to be identified because the terms are confidential. Turkish Airlines' consideration of a bid is significant as there are few examples of carriers outside Europe buying shares in players in the region. The interest has been reported by Spanish online newspaper El Espanol. The deadline for binding bids has not previously been reported. Air France-KLM SA (ENXTPA:AF) and Lufthansa (Deutsche Lufthansa AG (XTRA:LHA)) are also in talks with Globalia (Globalia Corporación Empresarial, S.A.), the holding company of the family Hidalgo that founded the company, about buying a stake, Reuters reported previously. The airline makes just over a quarter of its revenues from Europe. It has a codeshare agreement with Air Europa. Turkish Airlines did not immediately respond to requests for comment, while its shareholder Turkey's Wealth Fund declined to comment. A representative for Globalia and the Hidalgo family said they did not want to comment on an ongoing operation because of confidentiality issues. Lufthansa declined to comment. An Air France-KLM spokesperson said the airline is interested in reinforcing its longstanding cooperation with Air Europa. Binding bids would mark the next phase of a prolonged sale process as Air Europa seeks to raise cash to repay a government loan granted during the pandemic. A previous plan had aimed for binding bids in May, two of the sources said. The process has faced delays due in part to disagreements between members of the Hidalgo family and concerns from interested airlines on the structure of the deal, according to the two sources and a fourth one said. The interested parties are working with advisers to structure bids in the hope that buying a minority stake of about 20% may put them in a better position to take control of the airline in the future, the two sources added. Some potential suitors have expressed concern over a lack of clarity about how they may be able to do that, according to the fourth person with knowledge of the talks. Announcement • Mar 28
IAG to Consider Selling 20% Stake in Air Europa British Airways-owner International Consolidated Airlines Group S.A. (LSE:IAG) will consider selling its 20% stake in Air Europa (Air Europa Líneas Aéreas S.A.U.) as the Spanish airline's owner continues talks with Air France-KLM SA (ENXTPA:AF) and Deutsche Lufthansa AG (XTRA:LHA) to sell a stake in the company, IAG's Chief Executive Officer told Reuters. The move comes as European airlines have called for further consolidation of the sector, with many focusing on key routes in southern Europe as a target for expansion. "It's something that we are going to decide when (Globalia) take a decision about what they do with the company (Air Europa). We can stay or we can leave," IAG Chief Executive Officer Luis Gallego said on March 27, 2025. IAG scrapped a deal to buy Air Europa last year after it couldn't convince EU competition regulators that its proposed remedies were sufficient. Gallego said IAG was still interested in taking a stake in Portugal's TAP as IAG seeks to pursue a double-hub strategy in Iberia with Madrid and Lisbon as key points. However, elections in Portugal are set to delay TAP's sale, which means the conditions for any deal are still unclear. "If there is continuity with the current government, I think the process is going to be delayed maybe two, three months," Gallego said. "If there is a new government, I think we are going to have a bigger delay." He added that IAG's interest in TAP was contingent on its ability to be able to integrate the airline into its broader group and processes. "What we need to see is not only the stake, but also the freedom that you have to manage the company," he said. Announcement • Mar 07
Air France-KLM SA, Annual General Meeting, Jun 04, 2025 Air France-KLM SA, Annual General Meeting, Jun 04, 2025. Announcement • Dec 12
Air France Expands Network with 3 Weekly Non-Stop Flight Between Manila and Paris Air France has officially inaugurated a new 3 weekly non-stop flight between Manila and Paris on Sunday 8 December. In a pre-departure ribbon-cutting ceremony, Secretary of Transportation, Jaime J. Bautista, Secretary of Tourism,ina Garcia Frasco, French Ambassador Marie Fontanel and Air France-KLM General Manager for South East Asia & Oceania, Femke Kroese each highlighted the importance of the new route. Announcement • Oct 16
Apollo Reportedly Seeking to Join Airline SAS Investor Consortium U.S. private equity firm Apollo Global Management (NYSE:APO) is seeking to join the consortium that Scandinavian airline SAS AB (publ)(OM:SAS) last week picked to take it through bankruptcy proceedings, according to a source familiar with the matter. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection last year. SAS announced last week that Air France-KLM SA (ENXTPA:AF) and U.S. investment firm Castlelake, L.P. would become new major shareholders alongside the Danish state. Apollo, which last year granted SAS a $700 million debtor-in-possession (DIP) loan to fund its restructuring, had been seen as a likely winner in the bidding round by the airline to raise equity as part of its Chapter 11 bankruptcy plan. Apollo could convert the loan into equity at the end of the process. "Apollo is still an active bidder," the source said, adding that the U.S. company was seeking to inject additional cash into SAS on top of what the winning consortium said it would invest. It was unclear how big a stake Apollo would seek or how much it would invest. Total investments by new shareholders, which also include Danish investment firm Lind Invest, in the reorganized SAS would amount to 12.9 billion Swedish crowns ($1.18 billion). SAS, Castlelake, Air France-KLM and Apollo all declined to comment. The Danish finance ministry did not immediately reply to a request for comment. Announcement • Sep 19
Air France-KLM Appoints Hichame Lahkim Bennani as Regional Commercial Director Air France-KLM appointed Hichame Lahkim Bennani as the new Regional Commercial Director for the Middle East region. In his new role, Bennani will be responsible for the regional team covering pricing, marketing and business intelligence, e-commerce and distribution for the Middle East including the company's online and offline markets. Bennani has taken over the role from his predecessor, Sylvain Mathias, who has moved to a new position within the group. Bennani is based at the company's regional headquarters in Dubai Airport Free Zone, UAE, and reports directly to the Air France-KLM General Manager Middle East, Simon Scholte. In his career with Air France KLM, Bennani has held a series of senior executive positions across a range of business areas from sales to business development, yield management and pricing responsibilities. He has held key roles at the Paris group headquarters and in international locations, including India, Nigeria, Switzerland and The Netherlands. He was selected as a finalist in the Air France ‘Boostez Le Futur' program 2019 for an Intrapreneurial project platform. Bennani holds a Master of Management degree from ESSEC Business School and an Engineering degree from Ecole Mohammadia d'Ingénieurs. Announcement • Jul 29
Air France-KLM SA announced that it expects to receive €1.5 billion in funding from Apollo Global Management, Inc. Air France-KLM SA announced a private placement and it will receive €1,500 million on July 27, 2023. The transaction include participation from new investor, Apollo Global Management, Inc. The company will receive non-dilutive quasi-equity financing in the transaction. Announcement • May 09
Air France-KLM Discusses Investment from Apollo Air France-KLM SA (ENXTPA:AF) said it has entered exclusive discussions with US private equity firm Apollo Global Management, Inc. (NYSE:APO) about a potential EUR-500-million (USD 550.6 million) investment in a dedicated operating affiliate of Air France. The targeted business owns a pool of assets of Air France dedicated to its engineering and maintenance activity units. The proceeds of the contemplated transaction will go for general corporate purposes, Air France-KLM said in a press release. The financing being negotiated will be non-dilutive, structured through a quasi-equity financing instrument. It is aligned with the company’s push to pursue further balance sheet strengthening measures. Announcement • Feb 18
Air France-KLM Reiterates its Interest in TAP Air France-KLM SA (ENXTPA:AF) Chief Executive Officer Ben Smith on February 17, 2023 reiterated that the airline was interested in Portugal's soon to be privatized TAP - Transportes Aéreos Portugueses, SGPS, S.A. (TAP), noting the carrier's strong position in Brazil. ‘We find (TAP's) network into Brazil extremely powerful for us,’ he told a media conference. The Portuguese government, which owns TAP, has said it is considering an outright or partial sale of the business. Announcement • Jan 20
Air France Says It Won't Bid for ITA Airways Air France-KLM SA (ENXTPA:AF) announced that it had informed the Italian government it would not bid for an equity stake in Italia Trasporto Aereo S.P.A. (ITA Airways). Sources earlier in January 2023 told Reuters that Deutsche Lufthansa AG (XTRA:LHA) would soon file an offer for ITA, which officially replaced loss-making Alitalia in 2021. "Air France will continue to closely monitor the privatisation process and hereby reasserts its strong interest to maintain its commercial relationship with ITA, which is a SkyTeam member," Air France-KLM said. ITA's privatisation has proved a headache for the Italian government, which in December 2022 passed a decree to sell a minority stake as the first step towards a full divestment. Air France said the ITA privatisation requires the airlines involved to ultimately hold the majority of ITA's capital at the date of the government's exit. The group previously took part in the privatization process as part of a consortium which also included Delta Air Lines and Certares, with the intention of becoming a potential commercial partner. Announcement • Dec 08
Air France-KLM SA to Report Fiscal Year 2022 Results on Feb 17, 2023 Air France-KLM SA announced that they will report fiscal year 2022 results on Feb 17, 2023 
