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Company Watch - Air France KLM.


Nov 20, 2006

Air France Air France
 in full Compagnie Internationale Air France

French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde
 KLM KLM Kaiserliche Marine (Enigma: Rising Tide game)
KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines)
KLM Klub Langer Menschen (German: Tall Person Club) 
 Planning Low Cost Carrier. Air France KLM is looking to create a low cost carrier to benefit from the growing leisure market, the company said on Friday. Nov 17, 2006

Air France KLM said non-French shareholders increased their stake in the carrier to 47% over the past few weeks and stated that it will use an "authorized mechanism" to protect its traffic rights and "to safeguard national ownership once the nonresident non·res·i·dent  
adj.
1. Not living in a particular place: nonresident students who commute to classes.

2.
 shareholding has reached 45%." In its most recent "Connecting" letter to shareholders, AF KLM noted that it regularly conducts a process to identify its shareholders "in order to retain its traffic rights as well as its European Community European Community: see European Union.
European Community (EC)

Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community.
 air transport operating licenses." At June 30, French investors held more than 63.2% of the group while 36.3% of shareholders were not resident in France. French shareholders comprised employees (13.8%), institutional shareholders (19.1%), the state (18.6%) and individual shareholders (10.7%). Nov 15, 2006

Air France KLM flew 17.01 billion RPKs in October, a 5.6% rise over the year-ago month. Capacity climbed 6% to 20.91 billion ASKs, dropping load factor 0.3 point to 81.4%. Nov 13, 2006

Apple Computers announced this week that it is partnering with Continental Airlines, Delta Air Lines, Emirates, KLM, United Airlines and Air France to enable passengers traveling with iPods to draw electrical power for the devices from onboard Refers to a chip or other hardware component that is directly attached to the printed circuit board (motherboard). Contrast with offboard. See inboard.  systems and permit iPod video content to be transmitted to seatback seat·back also seat back  
n.
The back of a chair or other type of seating.
 screens for playback. Apple said the service will be available by the middle of next year, but AF yesterday refuted the claim that connectivity soon will be installed on its aircraft. "Apple is a partner of Air France, but it is far too early to talk about a project such as this," the carrier said in a statement. Nov 16, 2006

Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Nov 13, 2006
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Publication:Airguide Online
Date:Nov 20, 2006
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