If Air France is far from beating UA, AA or DL in the race for the world's first carrier, It is not far from being Europe's first !
Hereunder are an article from the FT sharing with us Air France's fortune.
Also hereunder are the information I collected from Airline Business about the world's top 100 airlines for 1999. Air France is in very good position each time sometimes placed before LH and BA.
Air France is expecting to take delivery of a new 777-300 fleet as well as an A330 one, retiring at the same time its ageing A310 and B767.
The fleet will comprise 3 long haul model, the 747-200/300/400, the B777-200/300 and the A340-300/A330-200.
The European fleet will have only one model with the airbus narrowbodied fleet. A321/320/319/318's will fly our colours to Europe.
Remember that CDG is our pride possesion and is the envy of all our neighbours. BA, LH, KL, SR all wish they had CDG as their home base. It is the only European hub which has the possibility to extend substantially.
Also part of its assests is the Delta partnership. the second biggest over the atlantic after UA and LH. Delta is the most flown airline in the world and the premier airline from the USA to Europe.
Air France is soaring, meet the new european phenix !
AF Cabin Crew.
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Photo © Alain Mengus
Air France profits up
By Mark Odell in London and David Owen in Paris
Published: September 4 2000 10:10GMT | Last Updated: September 5 2000 03:36GMT
- Air France, the French national carrier, reported a sharp rise in operating profit for its first quarter on Monday, as strong traffic growth more than offset the sharp increase in fuel prices.
The result confirmed Air France as Europe's second-most profitable major airline, behind Germany's Lufthansa. Management said this strong performance was continuing. Buoyed by strong forward reservations for September, Air France forecast: "an improvement in operating income in the second-quarter compared to the same period last time, despite further fuel-price increases."
The Paris-based airline, which has come under intense scrutiny since the crash of one of its Concordes almost six weeks ago, saw underlying operating income, excluding gains from aircraft disposals, rise 43 per cent to E184m (from E128m last time) in the three months to 30 June.
Traffic, measured in revenue passenger kilometres, rose 10.7 per cent, against only a 5.7 per cent rise in capacity. Passenger numbers increased 7 per cent to 10.8m.
Strong growth in business traffic and the weak euro helped push up yield, or revenue per available seat kilometre flown, 10.4 per cent.
Analysts said Air France was benefiting from its strong Paris hub, good cost control and measured capacity growth.
"Air France is being relatively restrictive in its capacity growth, which is not what people have been used to in the past, and this bodes well for the supply and demand balance in the industry," said Mitesh Kotecha at UBS Warburg in London.
On the cost side, the airline suffered the negative impact of exchange rate changes, particularly fuel, which is priced in dollars. The fuel bill jumped by E145m ($130m), or 70 per cent, with E42m of that increase due to the weakness of the euro.
Headline operating profit rose 20 per cent to E185m (E153m), buoyed by a 19 per cent rise in revenue to E3bn (E2.52bn). Pre-tax profit rose by E4m to E251m, helped by a E89m gain from the disposal of part of its holding in Amadeus, the Madrid-based computer reservations system.
Air France's shares rose 3 per cent to E21.88 in Paris in mid-morning trade.
Top 11 airlines by passenger number (million passengers)
1 Delta Airlines 105.5
2 United Airlines 87.1
3 American Airlines 84.7
4 US Airways 58.8
5 Southwest Airlines 57.7
6 Northwest Airlines 56.1
7 Continental Airlines 45.5
8 All Nippon Airways 42.7
9 Air France 39.8
10 Lufthansa 38.9
11 British Airways 36.3
Top 10 by load factor
1 KLM 77.4%
2 Virgin Atlantic 77.0%
3 Air France 76.1%
4 Asiana Airlines 75.6%
5 Singapore Airlines 74.9%
6 Northwest Airlines 74.6%
7 EVA Air 74.6%
8 Korean Air 74.0 %
9 American Trans Air 73.7%
10 El Al 73.3%
Top 10 ranking by passenger traffic (RPK) - 1999
1 United Airlines
2 American Airlines
3 Delta Airlines
4 Northwest Airlines
5 British Airways
6 Continental Airlines
7 Air France
8 Japan Airlines
10 US Airways