Air France–KLM facts for kids
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| Société Anonyme | |
| Traded as |
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| ISIN | ISIN: [https://isin.toolforge.org/?language=en&isin=FR001400J770 FR001400J770] |
| Industry | Aviation |
| Predecessor | Air France KLM |
| Founded | 5 May 2004 |
| Headquarters | Paris, France |
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Key people
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| Revenue |  €30.019 billion (2023) |
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Operating income
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€1.712 billion (2023) |
| €990 million (2023) |
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| Total assets | €34.490 billion (2023) |
| Owners |
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Number of employees
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77,806 (2023) |
| Subsidiaries |
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Air France–KLM S.A. is a major French airline group. It is also known as the Air France–KLM Group. Its main office is in Paris, France. The group owns three big airline brands: Air France, KLM, and Transavia.
Air France–KLM was formed in 2004 when Air France and KLM merged. Both Air France and KLM are part of the SkyTeam airline alliance. The group's main airports for flights are Paris–Charles de Gaulle Airport, Paris Orly Airport, and Amsterdam Airport Schiphol. In 2022, Air France–KLM Airlines carried 83 million passengers.
Contents
History of Air France–KLM
How the Group Started in 2004
Air France–KLM was created on May 5, 2004. This happened when Air France and KLM, an airline from the Netherlands, agreed to merge. After the merger, the French government's share in the new company was reduced.
When they merged in 2004, Air France and KLM together flew to 225 places around the world. In the year before the merger, the two companies carried 66.3 million passengers.
In 2005, the cargo (freight) parts of Air France and KLM joined their business activities. They now manage cargo operations globally from the Netherlands.
In 2008, Air France–KLM was the biggest airline company in the world based on its total money earned. It was also the largest for international passenger travel.
Big Changes and Growth (2010-2019)
In February 2011, Air France–KLM and its partner Delta Air Lines looked into buying Virgin Atlantic.
In August 2011, Air France–KLM was named one of the top 10 safest airlines in the world.
In December 2013, Air France–KLM sold its smaller airline, CityJet.
New leaders took charge during this time. Jean-Marc Janaillac became CEO in 2016. He reported that the company was growing, but faced challenges like rising fuel prices and competition.
In May 2018, Jean-Marc Janaillac stepped down as CEO. This happened after employees did not agree to a new pay plan. On September 30, 2018, Benjamin Smith became the new CEO of Air France–KLM.
In February 2019, the Dutch government announced it had bought shares in Air France–KLM. They planned to increase their ownership to about 14%.
Recent Developments (2022-2024)
In May 2022, Air France–KLM made a deal with CMA CGM. This was to work together on air cargo services. CMA CGM also bought a 9% share in Air France–KLM. However, this partnership ended in January 2024.
In July 2023, Air France–KLM announced a change to its stock. In October 2023, Air France–KLM and other investors put money into Scandinavian Airlines (SAS). Air France–KLM took a 19.9% share. Because of this investment, SAS will leave the Star Alliance on August 31, 2024. It will then join SkyTeam on September 1, 2024, flying alongside Air France and KLM.
How the Company Works
Business Information
Air France–KLM is one of the biggest airline companies in Europe. In the year ending March 31, 2011, its planes flew 204.7 billion passenger-kilometers.
Most of the company's shares are owned by private investors (81.4%). The French government owns 15.9% of the company.
In 2014, Air France–KLM invested $100 million in a Brazilian airline called Gol Linhas Aéreas Inteligentes. This was before the 2014 football World Cup.
In 2015, Air France faced some challenges, including a pilot strike. To save money, the company made changes, like reducing some jobs.
Who Owns Air France–KLM
As of July 2023, here is how the company's shares are owned:
| Shareholder | Interest |
|---|---|
| French State | 28.6% |
| Dutch State | 9.3% |
| CMA CGM | 9.0% |
| China Eastern Airlines | 4.7% |
| Delta Air Lines | 2.9% |
| Employees | 1.2% |
| Treasury shares | 0.1% |
| Other investors | 44.2% |
Main Office Location
The main office of Air France–KLM is in the Roissypôle area. This is on the grounds of Charles de Gaulle Airport in Tremblay-en-France, near Paris. The office building is very large, covering 130,000 square meters. It was finished in December 1995.
Aircraft Fleet
As of March 2024, the Air France–KLM Group uses these types of airplanes for its passengers:
| Aircraft | In service | Orders |
|---|---|---|
| Airbus A220-300 | 32 | 28 |
| Airbus A318-100 | 6 | — |
| Airbus A319-100 | 12 | — |
| Airbus A320-200 | 37 | — |
| Airbus A320neo | 1 | 98 |
| Airbus A321neo | 1 | |
| Airbus A321-100 | 4 | — |
| Airbus A321-200 | 11 | — |
| Airbus A330-200 | 20 | — |
| Airbus A330-300 | 5 | — |
| Airbus A350-900 | 27 | 50 |
| Airbus A350-1000 | — | |
| Boeing 737-700 | 10 | — |
| Boeing 737-800 | 141 | — |
| Boeing 737-900 | 5 | — |
| Boeing 777-200ER | 33 | — |
| Boeing 777-300ER | 59 | — |
| Boeing 787-9 | 23 | — |
| Boeing 787-10 | 10 | 5 |
Subsidiary Airlines
Airlines Fully Owned by the Group
These airlines are completely owned by Air France–KLM:
- Air France
- Air France Cargo (for carrying goods)
- Air France Hop
- Transavia France (96% owned)
- KLM
- KLM Cargo (for carrying goods)
- KLM Cityhopper
- KLM Asia
- Martinair
- Transavia
- Transavia France (4% owned)
The group also owns Cygnific. This company is one of the largest Sales & Service Centres for Air France–KLM. Cygnific helps passengers and travel agents for KLM, Air France, and Delta Air Lines.
Airlines with Minority Ownership
Air France–KLM owns a smaller part of these airlines:
- Air Corsica 11.95%
- Air Côte d’Ivoire 20%
- Air Mauritius 2.78%
- Air Tahiti 7.48%
- Kenya Airways 7.95%
- Air Calédonie 2.09%
- Gol Transportes Aéreos 1.19%
- Royal Air Maroc 1.25%
- Scandinavian Airlines 19.9%
- NS International (high-speed train connections) 10%
Former Airlines of the Group
Some airlines that used to be part of Air France–KLM include:
- Air France Asie
- Cityjet
- KLM alps
- KLM exel
- KLM uk
- VLM Airlines
- Joon
See also
In Spanish: Air France-KLM para niños
