air france

Maersk to sign Sustainable Aviation Fuel contract with Air France – KLM

March 1, 2022

Business

British Reporter — A.P. Moller – Maersk (Maersk) will sign an agreement with Air France – KLM to purchase Sustainable Aviation Fuel (SAF).The deal includes a first-of-its-kind contract to cover around 40.000 trips taken by Maersk´s Marine & Corporate travels on these carriers yearly as well as an additional purchase for approx. 400K litres to be used on cargo transportation. Maersk

KLM reduces capacity in Europe in response to second wave of COVID-19

The FINANCIAL — In the coming months, KLM will serve around 90-95%

by The FINANCIAL

November 13, 2020

1 min read

American Airlines plans to cut 19 000 jobs

The FINANCIAL — American Airlines announced that it would shrink its workforce by

by The FINANCIAL

August 26, 2020

3 mins read

Virgin Atlantic will cover COVID-19 expenses up to £500,000 if you catch it while travelling

The FINANCIAL — Virgin Atlantic has introduced Virgin Atlantic COVID-19 cover, which is

by The FINANCIAL

August 25, 2020

3 mins read

Employment

BA to cut up to 12 000 jobs while Lufthansa plans to axe 22 000

The FINANCIAL — British Airways plans to axe almost 30 per cent of the airline’s workforce. Airline says that the financial impact of Covid-19 is already greater than 9/11, SARS, the ash cloud and the financial crash of 2008/09 combined. Lufthansa also plans reduction of

by The FINANCIAL

August 7, 2020

3 mins read

Georgia

Negotiations with several airlines are in progress to resume flights in September

The FINANCIAL — At the briefing after the Interagency Coordination Council of the Government, Minister of Economy and Sustainable Development Natia Turnava said, that around 2700 foreigners from neighboring countries of Georgia, as well as from European countries registered application to enter Georgia. Minister of Economy

by The FINANCIAL

August 5, 2020

2 mins read

Georgia

Lufthansa resumed flights from Tbilisi, Air France and airBaltic to follow suit

The FINANCIAL — Today, on 3rd of August, German Airline Lufthansa, resumed regular flights from Tbilisi, Georgia to Germany. During the first regular flight to Munich, all passengers were given TAV branded masks from the airport staff. Flights will be performed twice a week. Technical negotiations

by The FINANCIAL

August 3, 2020

2 mins read

Travel News

European Commission approves €3.4 billion KLM bailout

The FINANCIAL — The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM. As a result of the imposition of travel restrictions introduced

by The FINANCIAL

July 13, 2020

2 mins read

Georgia

German Embassy in Georgia welcomes the Georgian govt’s decision to open its borders

The FINANCIAL — Since Georgia’s inclusion on the list of safe countries, and the issuance of the recommendation on the possible reopening of borders to these countries, the Georgian Government has been engaged in active bilateral negotiations with several EU member states. According

by The FINANCIAL

July 9, 2020

3 mins read

WORLD

Airlines’ shares plunges as coronavirus spreads

The FINANCIAL — Shares of airlines and travel companies around the world plunged Monday due to fears about the spread of the coronavirus. The International Air Transport Association warned last week that the virus would inflict a $1bn hit on airline industry’s

by The FINANCIAL

February 25, 2020

2 mins read