Air France-KLM

and Forces According to the KLM’s official website (2015) says that the Air France and KLM group became to the largest airline group in Europe Since they merged in May 2004. And their tenet is ‘one group, two airlines, three businesses.’ Each member has own trade brand name and individual identity and the three core businesses are: Cargo and Engineering & Maintenance, Passenger Business. In 2014, the chairman of Air France and KLM group- Alexandre de Juniac has announced a branding new and ambitious

AIR FRANCE – KLM: RULING THE SKIES Discuss the nature and strategic relevance of the Air France-KLM merger. Should Air France-KLM create new partnerships or acquisitions? On 5 May 2004, despite great opposition of industry experts the French airline Société Air France (Air France) and the Dutch Koninklijke Luchtvaart Maatschappij N.V. (KLM) created the world’s largest airline group by turnover named Air France-KLM. The merger represented the first consolidation of two national flag carriers

airline industry: The AIR FRANCE- KLM/DELTA AIR LINES JOINT VENTURE In less than twenty years, the global industry has gone through tremendous change. Several airlines had gone out of business that had been on top of the industry for years. One of the remarkable changes had been airline alliances. The case focuses on the airline industry and how airlines are forming alliances and joint ventures. It then introduces the partner firms Air France KLM , and Delta . Air France KLM had over 25 collaborative

"The deal marked a defining moment in the evolution of the European airline industry.” - Jean-Cyril Spinetta, CEO, Air France. Air France Organizational Culture: ‘France is in the air’ Air France was founded in seventh of October of 1933 and first airline carrier in France. Its major hubs are in Charles de Gaulle and Orly airports. They have about 69,553 employees and they travel to about 204 destinations. This company has well-known for its recognition and having a loyal base of passengers. However

vision, goals and strategy Mission KLM, Air France and Martinair Cargo are operating as one company; AF-KLM Cargo. In 2005 the Cargo section became part of KLM, because of this AF-KLM Cargo company became the world’s biggest non-integrator operator, with total revenues of 2.9 billion Euros. In December 2008 KLM Group became a sole shareholder of Martinair Holland NV and so extended their plane capacity. “AF-KLM Cargo & Martinair Cargo offers a wide range of a air with transport services in the market

Introduction to Finance Air France - KLM Financial Analysis. Before reading I chose Air France as a company to analyze it financially-speaking. But, as my major is in economy in ENPC, I will also include strategic information in this report. I based the financial accounting on the data provided by Yahoo! Finance, which are the three statements, back to March 31, 2007 for the oldest report base. I also reviewed some of other companies in the same business

In 1967, KLM had moved their airport to Schiphol, Netherlands with improvements to the length of the runway and the airport infrastructure. The 1970’s introduced the new generation aircrafts called wide-bodies. KLM found this as an opportunity to increase their transportation services by purchasing the new Boeing 707. This aircraft has the capability to fit over 500 passengers. This aircraft was the start of mass transportation for KLM as they are able to fly more passengers than before. In 1989

1. Introduction In 2004 Europe’s largest airline group was formed after the European Commission had approved a merger between French Air France and Dutch KLM. A merger of this dimension certainly has major influences on the economy. This paper will give an insight on the incidents of this instance, the economic consequences and it will deal with the question whether the European Commission’s decision was reasonable. First of all the two firms will be introduced and an overview about the merger will

Introduction Air France was formed on October 7 1933 from a merger of Air Orient, Air Union, CIDNA and SGTA. Later on in 2004 Air France merge with KLM and became the largest airline in the world in terms of operating revenue with a 25.5% of total market share. This company has managed to be a leader in the market because how they react to their different kinds of crisis, the reaction time and the strategies they take have a quick and excellent response to the problem, acting effective and solving

internet regarding Sir Richard Branson giving up control of the 33 years old airline, Virgin Atlantic (Bkaskara, 2017). Apparently, the air carrier industry has experienced increased competitiveness. Low cost rivals are putting pressure on traditional transatlantic carriers, which has made Virgin Atlantic, once a trailblazing carrier, to struggle. In 2012, Delta Air Lines came to the rescue of the carrier in a joint venture, taking up 49 percent of the company (Stothard, 2017). Even so, in the July