Air France - KLM
Profile
Air France-KLM is a Franco-Dutch airline. Air France was founded in 1933 and KLM in 1919. The two airlines merged in 2004. Both have had major accidents: A KLM crash in Tenerife, Spain, in 1977 recorded the highest number of casualties in history when it crashed into a Pan Am plane on take-off killing 583. An Air France flight from Rio de Janeiro to Paris crashed in the Atlantic Ocean killing 228 people on board in June 2009.
Airline services
Violations
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| competition-related offenses | $350,000,000 | 1 |
| consumer-protection-related offenses | $229,500 | 2 |
| safety-related offenses | $217,500 | 9 |
| financial offenses | $5,336 | 1 |
(May 10, 2021)
Stories
Activism
Trade unions unite in protest at likely new Air France KLM boss
Reuters | Euro News | September 12, 2019
The major trade unions representing Air France KLM <AIRF.PA> staff issued a joint statement on Thursday to protest the likely choice of Air Canada <AC.TO> executive Benjamin Smith as Air France KLM’s new chief executive.
Air France KLM Deportations
Network 23 | October 26, 2016
Here are some protests that have taken place against deportations by Air France KLM in recent years:
Protesters Tear Air France Executives’ Shirts From Their Backs
Alan Taylor | The Atlantic | October 5, 2015
On Monday, October 5, union activists protesting against proposed layoffs at Air France-KLM broke through fences and disrupted a meeting, targeting at least two managers who were forced to flee the angry crowd, their clothes ripped from their backs.
& Lawsuits
Netherlands puts KLM bailout on hold after pilots reject wage freeze
Reuters | October 31, 2020
The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air France-KLM, after pilots rejected a wage-freeze until 2025, Finance Minister Wopke Hoekstra said.
Air France and Airbus to face trial over 2009 Rio-Paris crash, French court says
Air France 24 | May 5, 2021
Air France and Airbus must stand trial on involuntary manslaughter charges over the 2009 crash of a Rio de Janeiro to Paris flight that killed all 228 people on board, a Paris court ruled on Wednesday.
European airlines could face class-action suit over unpaid coronavirus refunds
Oliver Whitfield Miocic | Euro News | April 28, 2020
A British legal firm currently leading a class-action lawsuit against British Airways over its 2018 data breach is now threatening legal action against Air France, KLM and Ryanair over their refusal to refund customers whose flights have been cancelled due to the COVID-19 pandemic.
DB Schenker and Air France-KLM reach price-fixing settlement
Stuart Todd & Will Waters | Lloyd's Loading List | February 19, 2018
Deutsche Bahn (DB) and its Schenker freight forwarding subsidiary have reached a financial agreement with Air France-KLM to settle a lawsuit against the airline group for damages for its part in an historical air cargo price-fixing cartel between December 1999 and February 2006.
Air France-KLM fined $350 million
Air France 24 | June 26, 2008
French-Dutch airline company Air France-KLM was ordered by the US Justice Department to pay $350 million for fixing air cargo prices in the US. Cathay Pacific, Danish carrier SAS and Martinair Holland were also charged.
Virus-hammered Air France announces 7,500 job cuts
ANGELA CHARLTON and NICOLAS GARRIGA | Associated Press | July 3, 2020
Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel.
Unions Protest After Air France-KLM Hires A Canadian CEO
Grant Martin | Forbes | August 19, 2018
The search for a new CEO is over at Air France-KLM. Late last week, the Dutch/French conglomerate announced that it would hire Benjamin Smith, the former President and Chief Operating Officer of Air Canada, to lead the embattled carrier. In a public release, the group shared that ...
Financials
Croctail Subsidiary Tool using the CorpWatch API - This API uses automated parsers to extract the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the SEC.
Click here for the latest list.
Political Influence
OpenSecrets.org Profile of Air France-KLM
& Evasion
KLM under fire again, now because of tax avoidance by pilots
NUNL | Teller Report | April 19, 2020
Hundreds of KLM pilots live abroad and therefore pay much less income tax to the Dutch state, Nieuwsuur reports Saturday.
Procurement
Air France-KLM contracts with the U.S. Federal Government (via USA Spending).