The Portuguese government has formally set the valuation for the partial privatization of TAP Air Portugal (TP), placing a $817.7 million price on a 44.9% minority stake in the national carrier. In addition, 5% of the airline’s shares will be reserved for employees, while the state will retain majority ownership to safeguard strategic control.
London Heathrow Airport has reached new heights in slot valuation, with recent transactions pushing prices as high as $75 million for coveted takeoff and landing rights. The airport’s significance as one of the world’s busiest hubs, coupled with its constrained capacity, has turned slots into highly prized strategic assets for airlines seeking to expand or maintain their presence…
Adriaan Den Heijer has been appointed as the new Executive Vice President and Chief Commercial Officer (CCO)of the Air France-KLM Group, effective September 1, 2025. The promotion marks a significant internal advancement for Den Heijer, who currently serves as Executive Vice President of Air France-KLM Cargo, a role he will retain in parallel during the transition.
Transavia, the low-cost subsidiary of the Air France-KLM Group, has taken delivery of a new Airbus A321neo, serial number 12602, as part of its ongoing fleet modernization program. The aircraft is equipped with LEAP-1A32 engines, manufactured by CFM International, offering enhanced fuel efficiency and lower emissions.
Air France-KLM has announced that Angus Clarke, Executive Vice President and Chief Commercial Officer (CCO), will resign from his role effective 31 August 2025. The resignation marks a significant executive transition at the top level of one of Europe’s largest airline groups.
Riyadh Air and Air France-KLM have signed a Memorandum of Understanding (MOU) to establish a framework for strategic cooperation. The agreement aims to enhance travel options for passengers traveling between Saudi Arabia and Europe, as well as other global destinations served by the two carriers.
Air France-KLM CEO Benjamin Smith has publicly confirmed that the group is interested in acquiring Air Europa, the Spanish carrier, as part of its ongoing strategic expansion in the European aviation sector. However, no additional details or financial terms have been disclosed at this stage.
Air France-KLM has appointed Florence Parly as the new Chair of the Board of Directors for the airline group, marking a notable leadership transition at one of Europe’s largest airline conglomerates. The appointment reflects the company’s continued focus on strategic governance and sustainable growth.
Air France-KLM has released its financial results for the first quarter of 2025, revealing a net loss of US$283.6 million, despite an encouraging 7.7% increase in revenues, which totaled US$8.2 billion. The group’s liquidity position remains strong, with US$10.5 billion in available cash, providing resilience amid fluctuating operating conditions.
Air Europa, the Spanish carrier currently undergoing a privatization and acquisition process, is facing increased uncertainty in its sale as the airline evaluates underwhelming offers from major European airline groups. Bids submitted by both Lufthansa (Germany) and Air France-KLM are reportedly below expectations, casting doubt over the timing and structure of a potential transaction.
