Air France-KLM merger completed
Air France has completed a merger with KLM to create the largest airline in Europe.
The $1 billion deal will see the combined carrier operate a fleet of 550 aircraft.
The marriage of the two airlines means that the French carrier has effectively been privatised as the French government’s stake has been cut to under 50%.
Air France’s all-share takover of ts Dutch counterpart will trigger plans to optimise route networks, combine frequent flyer programmes and pave the way for KLM to join the SkyTeam alliance led by Delta Airlines and the French airline.
A joint statement said: “The two airlines are now ready to start their co-operation, to implement the previously announced synergies and expand their businesses together.”
Air France chief Jean-Cyril Spinetta becomes chairman and chief executive of the expanded airline group.
Report by Phil Davies
Phil Davies
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025