TagsConsolidation

Tag: consolidation

Air France-KLM’s astonishing return to health

Air France-KLM's latest investor day was a real surprise. Of course, it was clear that the Franco-Dutch group was doing better than in the past, but apart from insiders and a few very astute observers, it's unlikely that the...

Air France-KLM and SAS: what to expect next?

Air France-KLM's acquisition of a stake in SAS is unlikely to change anything in the short term, and even in the long term there are a number of grey areas. Since the deal was announced, customers of both airlines...

Towards a new balance of power in European airline industry? Yes and no.

There's a lot of talk that the consolidation underway will totally change the European air transport landscape, with a new balance of power. In practice, this is true, but there are many nuances to consider. With IAG buying Air Europa,...

Consolidation of European airlines and takeover of TAP: beware of panic buys

As expected, the European sky is consolidating, and the European majors seem to be in a buying frenzy. Even if it means getting into mischief? ITA before yesterday, SAS yesterday, TAP tomorrow and who knows what the day after?...

Ben Smith: how has his five-year tenure at Air France-KLM fared?

Five years after his appointment as head of Air France-KLM, Ben Smith's assessment is extremely positive, especially given the events he has had to deal with. But that shouldn't blind us to the fact that there is still room...

Air France penalized by the EU in the long term

Air France's recapitalization by the French state was validated by the European Union only after concessions were made. While much has been said about the slots the airline has had to give up at Roissy, there is another obligation...

Airlines: will the last become the first?

The airlines are experiencing a shock of rare violence. For some the shock is over (i.e. they have secured their medium-term financial future), for others not (they are looking for funding which they may or may not find) but...

Air France-KLM (finally) heals its ills

It's been a little over a year since Ben Smith took the helm of Air France-KLM, and after having taken the temperature of the field and placed his pawns (not without having unblocked a few situations and signed major...

IAG acquires Air Europa…and it’s much bigger than it soundsAG rachète Air Europa…et c’est beaucoup plus important que ça en a l’air

Yesterday we talked about Lufthansa's renewed interest in Alitalia and the huge impact this would have on the battle for leadership in Europe and for the big alliances. Only a few hours after writing this article a bomb fell, real...