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Company Watch - Air France-KLM Group.


For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 17, 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
 CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Summoned In Security Firm Probe. Air France Chief Executive Jean-Cyril Spinetta will be summoned next week before a judge who is investigating suspected misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any  of funds at a security firm that worked with the airline, his lawyer said on Wednesday. Jul 12, 2006

Air France-KLM flew 16.92 billion RPKs in June, a 7.1% increase over the year-ago month. ASKs increased 5.8% to 20.53 billion and load factor rose 1 point to 76.2%. Jul 13, 2006

Cityjet, the Air France subsidiary, based in Dublin, has confirmed the acquisition of 23 pre-owned Avro RJ85. The 'planes will in the main replace the airline's 17 BAe 146 aircraft, of which the Avro is a development. The phased introduction of the new aircraft from November 2006 represents significant investment not only in fleet replacement, but also in the company's future and comes after months of speculation of just where CityJet was going in terms of replacement aircraft. CityJet will take first delivery in November. It now operates 19 BAe 146s. "The close relationship of the new aircraft type to the BAe 146 currently operated allows the airline to dovetail dovetail
(dov´tāl),
n a widened or fanned-out portion of a prepared cavity, usually established deliberately to increase the retention and resistance form.
 its introduction into the existing fleet," CityJet said. Last year it carried 1.5 million passengers to Paris Charles de Gaulle, Paris Orly, London City, Edinburgh, Birmingham, Gothenburg, Zurich and Florence and saw turnover rise 18% to [euro]254 million ($323.6 million). A major player at London City Airport London City Airport (IATA: LCY, ICAO: EGLC) is a single-runway airport, intended for use by STOL (Short Take Off and Landing) airliners, and principally serving the financial districts of London. This airport could also be considered a STOLport.  the announcement probably rules out Air France in terms of Airbus A318 operations at LCY LCY Local Currency
LCY Loose Cubic Yards (earth moving engineering equipment)
LCY London, England, United Kingdom - London City (Airport Code) 
. http://www.cityjet.com Jul 14, 2006
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Publication:Airguide Online
Geographic Code:4EUUK
Date:Jul 17, 2006
Words:284
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