Air France-KLM S.A.
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in mil. unless spec.Company Description
- CEO
- Benjamin Smith
- Full Time Employees
- 81,992
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- 7, rue du Cirque Paris IF France 75008
- IPO Date
- Sep 18, 2009
- CIK
- 0001110452
- Website
- airfranceklm.com
- Similar Companies
- Business
- Air France-KLM S.A. (AFRAF) operates as a leading French-Dutch multinational airline holding company, providing international passenger and cargo air transportation services; engineering and maintenance activities; and ancillary services including catering and charter flights through its core brands Air France, KLM Royal Dutch Airlines, and Transavia. The group maintains a modern fleet of approximately 587 aircraft encompassing long-haul widebodies such as Airbus A350-900/1000, Boeing 777-200ER/300ER, and Boeing 787-9/10; medium-haul aircraft including Airbus A320 family and Boeing 737s; regional jets like Embraer E-Jets; and dedicated cargo freighters such as Boeing 777F and 747-400 variants, serving over 320 destinations in more than 100 countries from primary hubs at Paris-Charles de Gaulle and Paris Orly airports in France, and Amsterdam Schiphol Airport in the Netherlands. Founded in 2004 through the merger of Air France (established 1947) and KLM (established 1919), the company is headquartered at 45 rue de Paris in Roissy-Charles de Gaulle, near Paris, France, with wholly owned subsidiaries including Air France Hop, KLM Cityhopper, Martinair Cargo, and Transavia entities; it also holds minority stakes in carriers such as Scandinavian Airlines (19.9%), Kenya Airways, and others while participating in the SkyTeam alliance. Recent strategic developments include the initiation in July 2025 of proceedings to increase its stake in SAS from 19.9% to 60.5% through acquisitions from Castlelake and Lind Invest, positioning SAS as a potential group subsidiary pending regulatory approvals targeted for closure in the second half of 2026; expansion of the summer 2025 schedule with new long-haul routes to Riyadh and Orlando, a 4% capacity increase, and rollout of the innovative La Première suite on select Boeing 777 flights to New York-JFK, Los Angeles, Singapore, and Tokyo-Haneda; a May 2025 hybrid bond issuance of 500 million euros to bolster financial flexibility; and deepened commercial partnerships, such as with Qantas for enhanced Europe-Australia connectivity.
Company News
Caviar and champagne: Air France's luxury shift helps ride out Iran war impact
Air France-KLM: Valuation Is Appealing, But H2 Visibility Keeps Us Neutral
Air France-KLM Cuts Capacity Outlook on Lower Net Profit
Air France-KLM beats quarterly profit expectations but trims capacity forecasts
Portugal awaits binding bids for TAP as Air France-KLM, Lufthansa face off
Short-sellers retreat from European airlines
Lufthansa CEO says interest in TAP 'very strong' as it vies with Air France-KLM
Air France Could Consider Being Part of EasyJet Bid, CEO Says
Air France-KLM CEO on Fuel Prices and Gulf Flights
Air France-KLM CEO Discusses Resuming Gulf Flights
Airbus, Air France Found Guilty in 2009 Plane Crash That Killed 228 People
Paris appeals court finds Airbus, Air France guilty of corporate manslaughter in 2009 Rio-Paris plane crash
Decision due in appeals case for Airbus, Air France over Rio-Paris crash
Air France-KLM SA (AFLYY) Q1 2026 Earnings Call Transcript
Air France-KLM Cuts Capacity Forecasts as Fuel Costs Set to Increase
A 'systemic' jet fuel shortage is brewing in Europe — and flights could be hit hard
Air France-KLM Submits Bid for Minority Stake in Portugal's TAP
European airlines look to shake off green agenda as fuel prices soar
Air France-KLM: 2.5x EV/Ebitda Looks Cheap, But Risks Remain (Rating Upgrade)
Air France-KLM CEO: Europe not protecting our industry