The move comes as the airline pushes ahead with its strategic plan, including fleet renewal and growth through alliances and M&A, executives said Dec. 14.
Air France-KLM says it will invest $4.7 million in SAF producer DG Fuels, which plans to produce SAF from biomass using a carbon-conversion technology.
Air France-KLM reports results for a third quarter marked by activity, including the announcement of plans to take a 20% stake in SAS Scandinavian Airlines.
Many questions about the consequences of the deal remain unanswered, including the fate of SAS’ three hubs in the capital cities of Denmark, Norway and Sweden.
Finnair CEO Topi Manner believes Air France-KLM’s plan to acquire up to 19.9% of Scandinavian Airlines (SAS) will have a “somewhat neutral” impact on Finnair.
Wet lease specialist Hi Fly will work with startup Global Airlines on preparing the A380s for the carrier’s planned launch of operations in summer 2024.
Expanding on an existing commercial partnership, Air France-KLM and Etihad are looking to collaborate on areas such as passenger operations and maintenance.
As it posted a big increase in quarterly profit, Air France-KLM reported that capacity across its airlines reached 92% of 2019 levels in the second quarter.