American serial airline entrepreneur David Neeleman is close to selling his share of Atlantic Gateway, the holding controller of Portuguese flag carrier TAP Air Portugal, to the Lufthansa Group, Portuguese newspaper Jornal de Negocios reported on Sunday. Neeleman controls 50 percent of Atlantic Gateway, which in turn owns 45 percent of TAP, with the Portuguese Government controlling 50 percent of the company and airline employees owning the remaining 5 percent. A former leader of the opposition liberal-conservative Social Democratic Party,…
Air France recently announced that the branding on its regional routes and fleet, currently known as HOP!, will be marketed as Air France HOP. This change aims to link the regional flight offerings more clearly to the Air France brand, making it the sole point of reference for customers wishing…
A costly and long-standing pay dispute has finally been resolved after Air France struck a new pay deal with five of the seven unions with whom it had been at loggerheads. The unions, representing 76 percent of Air France's workers, have accepted a four percent pay rise, two percent of…
On Oct, 7, 1919, KLM Royal Dutch Airlines was founded by eight Dutch businessmen and became one of the first commercial airline companies. The first flight took place just over seven months later on May 17, 1920, between Croydon, U.K. and Amsterdam, Netherlands on a leased De Haviland DH-16 registered…
Air France-KLM announced their intent in creating a joint venture (JV) with fellow Skyteam partner Air Europa to strengthen their presence in Central and South American markets. Such a strategy will help them offer greater connectivity in the region and will secure them a solid long-term position in what seems like…
