Air France, Delta set joint venture for U.S.-Europe

Article Abstract:

A joint venture agreement was announced between Air France KLM S.A. and Delta Air Lines Inc. for their trans-Atlantic services. The joint venture is a 50-50 revenue- and cost-sharing deal that will cover all nonstop flights between selected US-based Delta hubs and Air France's French hubs, beginning April 2008.

Joint ventures, Services information, United States, Services, Delta Air Lines Inc., DAL, Company joint venture

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Flusher, Air France orders more jets

Article Abstract:

First-quarter net profit for Air France-KLM reached 43 mil euros due to a lower tax bill, cost-cutting measures, and improved passenger traffic. Revenue grew by about 4% to reach 5.39 bil euros. The airline has announced new aircraft orders placed with Boeing Co. and Airbus S.A.S. totaling $7 bil.

Financial management, Company investment, Investments, Air France S.A.

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Air France-KLM's net jumps 70%

Article Abstract:

Second-quarter/fiscal first quarter net profit for Air France KLM S.A. rose dramatically, 70%, to reach $572.7 mil, driven by one-time gains and strong activity. Operating profit rose 1%, while revenue rose 2.5%.

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