Company Watch - Air France-KLM.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Aug 14, 2006 Air France-KLM Air France-KLM (Euronext Paris: AF, NYSE: AKH) is an airline company incorporated under French law with its headquarters at Roissy-Charles de Gaulle Airport near Paris, France. reported revenues of [euro]5.8 billion in its fiscal first quarter ended June 30, an increase of 11.9% on the year-ago period. "This very good performance was driven by all sectors and especially by the passenger business," the carrier said. Passenger revenues increased 12.6% to [euro]4.34 billion with traffic rising 7.7% to 49.59 billion RPKs against a 5% hike in capacity to 60.84 billion ASKs. Load factor improved 2 points to 81.5%. Yield rose 4.5% to [euro]8.76 cents including a favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. currency effect of 1.6%. The company will report full first-quarter results Aug. 31. Aug 11, 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 and KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) are hiking their fuel surcharges. KLM will increase its surcharge An overcharge or additional cost. A surcharge is an added liability imposed on something that is already due, such as a tax on tax. It also refers to the penalty a court can impose on a fiduciary for breaching a duty. by [euro]5 ($6.40) per segment to [euro]65 on all intercontinental in·ter·con·ti·nen·tal adj. 1. Extending or taking place between or among continents: intercontinental exploration; intercontinental cooperation. 2. flights and by [euro]1 per segment to [euro]24 on all European flights on tickets issued as of Aug. 10. AF will impose further fuel surcharges of [euro]7 to each long-haul flight, [euro]1 on domestic flights and [euro]2 on medium-haul flights. Aug 9, 2006 Air France-KLM flew 18.49 billion RPKs in July, up 4.9% over the year-ago month. Capacity increased 5% to 21.7 billion ASKs and load factor slipped 0.1 point to 85.2%. Aug 8, 2006 Airlines globally are scrambling to find new ways of increasing non-ticket sales and getting more passengers onto planes with the promise of more luxurious and fun ways to pass the time in the air. However, texting mates from your own mobile phone is still some way off. Air France KLM is running a trial of technology that will enable passengers to use their mobile phones while flying from next year. Low-cost carriers A low-cost carrier or low-cost airline (also known as a no-frills or discount carrier / airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services. like Ryanair plan to introduce in-flight gambling to earn extra passenger dollars and hopes the use of mobile phones on planes will eventually boost its coffers. Aug 8, 2006 KLM said it no longer will operate flights to "loss-making" Amman and Damascus from Oct. 29. From that date, KLM passengers will have to travel via Paris Charles de Gaulle with Air France. Aug 10, 2006 |
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