Latest news with #AirFrance-KLM
TECHx
6 days ago
- Business
- TECHx
Dynatrace Unveils Upgraded 3rd Gen AI Observability Platform
Home » Tech Value Chain » Global Brands » Dynatrace Unveils Upgraded 3rd Gen AI Observability Platform Dynatrace announced major upgrades to its 3rd generation AI-powered observability platform. The enhancements aim to help enterprises unlock greater value from analytics, AI, and automation. The platform redefines observability by integrating data from IT, cloud, security, and business operations. Thousands of customers already benefit from its ability to turn data into real-time, intelligent actions. According to Bernd Greifeneder, Dynatrace's Founder and CTO, the platform transforms observability data into actionable insights. This supports autonomous intelligence and automation across complex environments. New features include cloud-native acceleration for development with real-time observability data, powered by Dynatrace MCP server. Preventive operations use Agentic AI for root cause analysis, remediation, and natural language interaction through Davis CoPilot. The platform also offers a transformative log management experience, supporting petabyte-scale ingestion and secure Kubernetes log collection. Steve Tack, Chief Product Officer at Dynatrace, said the updates help teams better understand dynamic digital ecosystems. The platform drives proactive automation to improve business outcomes. Dynatrace's AI capabilities have delivered measurable results for customers like Air France-KLM and TELUS, reducing operational impact and optimizing workflows. The company also revealed partnerships with industry leaders like DXC Technology to accelerate enterprise innovation and AI-driven application modernization. Dynatrace advances its AI-powered observability platform New features support cloud-native, AI-driven development and operations Partnerships expand AI insights for enterprise digital transformation
Irish Daily Mirror
08-07-2025
- Business
- Irish Daily Mirror
KLM announce third daily service to Amsterdam from Cork Airport this winter
KLM Royal Dutch Airlines announced that it will expand its operations at Cork Airport by adding a third-daily service to Amsterdam Schiphol this winter. The third-daily service will start on October 26, 2025, as part of the winter schedule. With a presence at Cork Airport since 2020, KLM has grown from strength to strength and currently operates a twice-daily service to Amsterdam Airport Schiphol. KLM had already increased its capacity on its Cork – Amsterdam service since spring this year, by using larger Embraer E2 aircraft on the route. The news of the additional daily frequency will also come as a further boost for inbound tourism. The Netherlands is the island of Ireland's seventh-largest source market and ninth-largest source of overseas revenue. Tourism Ireland research states that the South-West of Ireland is the most popular region for Dutch tourists and holidaymakers to visit, outside of Dublin. KLM also brings visitors from further afield thanks to its Amsterdam hub. Announcing the KLM third-daily service between Cork and Amsterdam Schiphol, Jerome Salemi, General Manager of Air France-KLM, said: 'The increase to three daily KLM flights between Cork and Amsterdam highlights once again our commitment to the Munster Region and the South-West of Ireland. 'This complements our recent announcement of the year-round Air France services between Cork Airport and Paris Charles-de-Gaulle.' 'Hubs are incredibly important for regional airports, providing essential long-haul connectivity,' Tara Finn, Head of Aviation Business Development and Communications at Cork Airport said, welcoming the announcement of the third-daily KLM service. '32,330 more seats to Amsterdam will boost inbound tourism and provide more business and leisure connection options out of Cork. We are delighted with this expansion by KLM and look forward to further growth opportunities with the Air France-KLM group.'
Irish Examiner
08-07-2025
- Business
- Irish Examiner
Dutch airline KLM announces third route to Amsterdam from Cork Airport for coming winter season
Dutch airline KLM has announced that it will launch a third daily service from Cork Airport to Amsterdam beginning in late October. The addition comes as part of the company's expansion of its winter schedule adding 32,000 seats compared to the period in late 2024 and early 2025. The service will not run during the slow part of the winter season from January 4 to February 20, 2026. KLM said this additional flight from Cork is catering for strong demand for worldwide connectivity via one of Europe's largest hub airports – Amsterdam Airport Schiphol. The airline has been flying routes out of Cork since 2020 and already operates a twice daily flight to Amsterdam Airport Schiphol. General Manager of Air France-KLM for the UK and Ireland Jerome Salemi said the increase to three daily KLM flights between Cork and Amsterdam 'highlights once again our commitment to the Munster Region and the south-west of Ireland'. 'This complements our recent announcement of the year-round Air France services between Cork Airport and Paris Charles-de-Gaulle.' Tara Finn, head of aviation business development and communications at Cork Airport, said the additional 32,330 seats to Amsterdam will 'boost inbound tourism and provide more business and leisure connection options out of Cork'. 'We are delighted with this expansion by KLM and look forward to further growth opportunities with the Air France-KLM group.'
New York Post
04-07-2025
- Business
- New York Post
Air France-KLM to take majority stake in Scandinavian airline SAS
Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5%, the latest step towards consolidating Europe's fragmented airline sector as carriers seek to strengthen their position against rivals. The Franco-Dutch airline group said on Friday it intended to increase its stake from 19.9% currently by acquiring the stakes held by top shareholders Castlelake and Lind Invest. The purchase, subject to regulatory clearances, is expected to close in the second half of 2026, Air France-KLM said. Advertisement 3 Air France-KLM is looking to increase it's stake in Scandinavian carrier SAS to 60.5% from 19.9%. EPA The value of the investment would be determined at closing, based on SAS's latest financial performance, including core earnings and net debt, the company said. It declined to give details on those metrics. Air France-KLM expects to generate 'three-digit million' euros in synergies from raising its SAS stake, finance chief Steven Zaat told analysts on a call. Advertisement Zaat said the deal would be funded from cash or a 'plain vanilla bond' and would not impact the drive to reduce the group's hybrid debt. 'We have ample room for it,' he said. SAS welcomed Air France-KLM's announcement. 'European consolidation had to happen further, and we're very happy to be part of that,' SAS CEO Anko van der Werff told Danish broadcaster TV2. 3 The Danish government will keep its 26.4% stake in SAS and its seats on the board. REUTERS Advertisement 'In the current setup where Air France-KLM is a 19.9% shareholder, they're still a competitor,' he said. 'With the new stake, going above 50%, we can really tap into all of those synergies and offer those benefits to customers.' SAS said it would continue to invest in its fleet and network. In 2023, Air France-KLM said it would invest about $144.5 million for its initial SAS stake, boosting its presence in Sweden, Denmark and Norway with the option to become a controlling shareholder after a minimum of two years, subject to conditions. SAS exited from Chapter 11 bankruptcy protection in August 2024. Advertisement 3 Air France-KLM CEO Ben Smith. Bloomberg via Getty Images The two carriers have already had a commercial cooperation since summer 2024. Control of SAS would allow Air France-KLM to expand in the Scandinavian market and create additional value for shareholders, Air France-KLM said in a statement. 'Following their successful restructuring, SAS has delivered impressive performance, and we are confident that the airline's potential will continue to grow through deeper integration within the Air France-KLM Group,' said Air France-KLM CEO Ben Smith. The deal comes as executives seek more consolidation in Europe's fragmented airline industry, which they say is needed to compete with U.S. and Middle Eastern rivals. SAS has 138 aircraft in service and carried more than 25 million passengers last year, generating revenues of 4.1 billion euros ($4.8 billion). Air France-KLM group would have a majority of seats on the board of directors, while the Danish state will keep its 26.4% stake in SAS and its seats on the board.
Local Sweden
04-07-2025
- Business
- Local Sweden
Copenhagen Airport could get more long distance flights after SAS takeover
A takeover of Scandinavian airline SAS, announced Friday, could bring more long distance routes to Copenhagen Airport, the airline's new owners have said. Advertisement Air France-KLM wants to introduce more long distance flights out of Copenhagen if, as expected, the company completes a takeover of Scandinavian airline SAS. CEO of Air France-KLM Ben Smith said at a press conference on Friday that the takeover would mean more long distance SAS flights from Copenhagen, media Finans reports. "SAS is currently underrepresented on long distance routes. We want more long distance departures out of Copenhagen, because the airport doesn't have its fair share right now. There will be growth in the number of long distance routes," Smith said. The comments from the Air France-KLM CEO come after the company announced on Friday that it is to initiate proceedings to take a majority stake in SAS. The former company intends to increase its ownership stake in SAS from 19.9 percent to 60.5 percent by the end of next year, by acquiring shares currently held by investment groups Castlelake and Lind Invest. Advertisement The Danish state, which also owns part of SAS, will retain its 26.4 percent stake and its seats on the board, while Air France-KLM will hold a majority of the board positions, news wire Ritzau reported. Smith said the company would invest in Copenhagen Airport to make it its third hub, joining existing hubs for the airline in Amsterdam and Paris. In a SAS statement, CEO Anko van der Werff said the move would strengthen the Scandinavian airlines's market position by 'positioning Copenhagen as our global hub for the region, while continuing to uphold strong and strategic operations in both Oslo and Stockholm.'
