Wikipedia:

Air France-KLM

Air France-KLM S.A.
Type Public (Euronext Paris: AF, NYSE: AKH)
Founded 2004 (by merger of Air France, founded in 1933 and KLM founded in 1919)
Headquarters Charles de Gaulle International Airport, Roissy, France
Key people Jean-Cyril Spinetta, Chairman and CEO
Leo van Wijk, Vice-Chairman
Philippe Calavia, Vice President Finance
Pierre-Henri Gourgeon, Deputy CEO
Products Passenger flights (Air France, KLM, Brit Air, Transavia.com, etc.)
Cargo activity (European Cargo House)
Aircraft maintenance
Catering (Servair, etc.)
Revenue Green_Arrow_Up_Darker.svg €20.876 billion (year ending 31 December 2005)
Employees 102,077 (as of 31 March 2005)
Website www.airfranceklm-finance.com

Air France-KLM (Euronext Paris: AF, NYSE: AKH) is an airline company incorporated under French law with its headquarters at Roissy-Charles de Gaulle Airport near Paris, France. It is the largest airline company in the world in terms of total operating revenues, and the third largest in the world (the largest in Europe) in terms of passenger-kilometres. Air France-KLM was created by the mutually-agreed merger between Air France and Netherlands-based KLM on May 5, 2004. Its CEO is Jean-Cyril Spinetta, the former CEO of Air France.

Private shareholders own 81.4 percent of the company (37 percent owned by former Air France shareholders and 21 percent owned by former KLM shareholders), while the French government owns the remaining 18.6 percent. As a result of the deal, the French government's share of Air France had been reduced from 54.4 percent (of the former Air France) to 44 percent (of the current Air France-KLM). Its share was subsequently reduced again to 25 percent, and later to 18.6 percent. The merger has thus resulted, in effect, in the privatisation of Air France.

Both Air France and KLM continue to operate flights under their brand names as subsidiaries of Air France-KLM. This situation may be subject to change in the future.

KLM Boeing 737-300. The nose carries the words Air France KLM.
Enlarge
KLM Boeing 737-300. The nose carries the words Air France KLM.

In the fiscal year ending March 31, 2005, the total operating revenues of Air France-KLM amounted to 19.08 billion euros (US$23.98 billion), with a net profit of 351 million euros (US$441 million), a net profit increase of 20.2 percent compared to the previous year.[1] Air France-KLM is one of the most profitable companies in Europe, in sharp contrast with American airline companies which are still experiencing great difficulties in the wake of the September 11, 2001 terrorist attacks. For comparisons, American Airlines, the second largest airline in the world in terms of operating revenues, had total operating revenues of US$18.64 billion in 2004, with a net loss of US$761 million.[2]

As of March 2005, Air France-KLM was operating 554 aircraft. At the time of the merger in May 2004, Air France and KLM combined offered flights to 225 destinations in the world. In the year ending March 21, 2003, the two companies combined transported 66.3 million passengers. Air France-KLM is member of the SkyTeam airline alliance. They also offer a Frequent flyer program: Flying Blue.

In October 2005, Air France Cargo and KLM Cargo, the two freight subsidiaries of the group, announced a merge of their commercial activities. The Joint Cargo Management Team now operates the organisation worldwide from the Netherlands.

Air France-KLM operations rely on two major airline hubs: Charles de Gaulle International Airport (Roissy-Charles de Gaulle) near Paris and Schiphol Airport near Amsterdam.

Air France-KLM also holds a 2 percent stake in the Italian flag carrier Alitalia (November 2005). The Italian Government reduced its holding in the struggling airline from 62 percent to 49 percent after a share issue which effectively meant it had surrendered control.

Fleet

[citation needed]

Type Air_France_logo.png KLM_logo.png HVlogo.gif Cityjet.png TOTAL
Flag_of_the_Netherlands.svg Flag_of_France.svg
Inventory Ordered Inventory Ordered Inventory Ordered Inventory Ordered Inventory Ordered
Single-aisle
A318 13 13
A319 46 46
A320 67 67
A321 13 13
RJ85 18
146-200 17 17
146-300 2 2
737-300 14 13
737-400 13 13
737-500 10 10
737-700 7 10 10
737-800 17 8 20 3 1[3] 40
737-900 5 5
EMB 120 7 7
ERJ 135 9 9
ERJ 145 28 28
ERJ 170/5 6
ERJ 190/5 3 7 10
F70 5 21 26
F100 10 20 30
F50 16 14
Saab 2000 4 4
Twin-aisle
A330-200 16 9 1 21
A340-300 20 20
767-300ER 0
777-200ER 25 15 40
777-300ER 17 4 16
MD-11 10 10
VLA
747-300 2 2
747-400 21 22 46
A380-800 12 0
Cargo
747-200F/ -300F/ 14 14
747-400ERF 3 1 3
777 Freighter 5
TOTAL
330 21 162 55 30 1 16 4 19 18 541

Subsidiaries

The firm also owns a small low-cost carrier airline, transavia.com, which operates out of Amsterdam, Rotterdam, and Eindhoven, and out of Paris-Orly.[3] In partnership with Dutch affiliate, Transavia, Air France is to launch a new charter/low-cost subsidiary to be based at Paris - Orly Airport and to begin operations in Spring 2007 with leisure route services in the Mediterranean and North Africa. It is rumoured to be named Air France Soleil and will operate Boeing 737 aircraft to be transferred from Transavia's fleet as part of its equity investment. Transavia is understood to have a 40% stake, with Air France holding the rest.[4] Air France-KLM also owns 26% of Kenya Airways, acquired by KLM prior to the merger, as well as 100% of Martinair.

References

  1. ^ http://www.airfrance.com/double6/home.nsf/(lookuppublishedweb)/Y1-PublishedmarketY1en?Opendocument
  2. ^ http://www.aa.com/content/images/amrcorp/amrcorp2004ar.pdf
  3. ^ a b
  4. ^ Airliner World January 2007

External links

Part of the KLM fleet at Schiphol Airport, Amsterdam
Enlarge
Part of the KLM fleet at Schiphol Airport, Amsterdam
Members of the SkyTeam Alliance

Aeroflot • Aeroméxico • Air France • Alitalia • Continental Airlines • Czech Airlines • Delta Air Lines • KLM • Korean Air • Northwest Airlines
Associate members: Air Europa • Copa Airlines • Kenya Airways
Future members: China Southern Airlines
Future associate members: MEA • TAROM
Lists relating to aviation
General Timeline of aviation · Aircraft · Aircraft manufacturers · Aircraft engines · Aircraft engine manufacturers · Airports · Airlines
Military Air forces · Aircraft weapons · Missiles · Unmanned aerial vehicles (UAVs) · Experimental aircraft
Notable incidents & accidents Military aviation · Airliners · General aviation · Famous aviation-related deaths
Records Flight airspeed record · Flight distance record · Flight altitude record · Flight endurance record · Most produced aircraft
Flag of France CAC 40 companies of France
Airlines of France
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Airlines of the Netherlands
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