Latest news with #Transavia
Irish Examiner
28-05-2025
- Business
- Irish Examiner
Air France expands Cork to Paris route operating year round
Air France confirmed that it will operate its Cork to Paris Charles de Gaulle service on a year-round basis from October 26. The French flag-carrier will provide a direct service between Cork and its major hub up to four times a week during the winter months. The announcement consolidates access to the French capital and will allow onward connectivity to more than 180 destinations across the wider Air France worldwide network. When combined with the network of KLM and Transavia, Air France customers flying from Cork can reach over 320 destinations across the globe.
Morocco World
14-05-2025
- Business
- Morocco World
Transavia to Launch 14 New Routes to Morocco by Winter 2025
Rabat – Transavia Airline is teaming up with the Moroccan Tourism Office (ONMT) to launch 14 new flight routes from regional cities in France to Morocco for winter 2025–2026. This expansion will add more than 130,000 new airplane seats, an increase of 25% compared to last year. Moroccan cities like Agadir, Marrakech, Dakhla, Essaouira, Ouarzazate, and Errachidia will now have more direct flights from France, said ONMT in a statement. One of the highlights of this partnership is the creation of a seasonal base in Agadir, which will be Transavia's first base outside France. This means more planes will be stationed in Morocco during the winter season to help increase flight availability and tourism. This move is part of a larger plan by the ONMT to make Morocco a top travel destination all year round. The goal is to attract more visitors to famous cities like Marrakech and Agadir, but also to promote less-visited areas like Errachidia. The partnership with Transavia, one of the main low-cost airlines in Europe, shows that Morocco is serious about making travel easier and cheaper for European tourists. In fact, Morocco is now Transavia's number one destination in terms of seat-kilometers, which means they are offering more travel capacity to Morocco than to any other country. 'This strategic expansion supports Morocco's year-round tourism growth, regional diversification, and strengthens its position as the #1 destination for Transavia in terms of seat-kilometers offered,' added the statement. This deal comes at an important time for Morocco, as it is preparing to co-host the World Cup in 2030 along with Spain and Portugal. With more tourists expected to visit in the lead-up to the event, Morocco is working hard to improve its infrastructure and make the country more accessible. ONMT says this partnership is part of its long-term strategy to grow tourism in a sustainable and balanced way. Tags: ONMTtransaviatravel
Ya Biladi
14-05-2025
- Business
- Ya Biladi
Morocco adds 14 new direct flights from France in winter 2025 under ONMT–Transavia deal
Morocco's National Tourism Office (ONMT) and Transavia, the low-cost airline of the Air France-KLM group, have announced a major expansion of air service from France to Morocco starting in winter 2025. According to a press release issued Wednesday by ONMT, the partnership be adding 14 new routes and more than 130,000 additional seats, increasing capacity by 30%. The new winter schedule will include direct flights from key French cities—Rennes, Lille, Biarritz, Brest, Deauville, Montpellier, Toulouse, Marseille, Bordeaux, Nantes, and Paris—to top Moroccan destinations such as Agadir, Marrakech, Essaouira, Ouarzazate, Dakhla, and Errachidia. Dakhla will gain two new direct routes from Marseille and Bordeaux, while Ouarzazate will be served by two weekly flights from Paris. Essaouira returns to the international spotlight with a new direct route from Nantes. Meanwhile, Marrakech will bolster its role as a regional hub with new connections to Berlin and Venice. Agadir is set to become a key seasonal hub with a dedicated aircraft base, while Marrakech's base will be reinforced with two additional aircraft—marking the first time Transavia stations planes outside of France. With this expansion, Morocco becomes Transavia's top destination in terms of seat-kilometers offered, a key measure of airline capacity. The move is part of ONMT's broader strategy to boost year-round tourism, enhance regional accessibility, and diversify Morocco's travel offerings.
Local France
06-05-2025
- Business
- Local France
Budget airline announces new Toulouse, Nice and Marseille flights
The airline, owned by the French flagship carrier Air France-KLM, has announced that it will be filling vacant slots left at Paris' Orly airport by the departure of Air France, which is gradually moving all its Paris flight to Charles de Gaulle airport. Transavia announced on Tuesday that from March 29th 2026 it will increase its schedule from Paris-Orly. The new routes are; Paris-Orly - Nice Paris-Orly - Toulouse Paris-Orly - Marseille Flights will be daily, with the option for several flights a delay if demand is sufficient. Tickets are on sale now, starting at €45 for a return flight. Air France has announced that it is leaving Orly airport and concentrating all Paris flights in Charles de Gaulle. It will continue to run domestic routes from CDG to Nice, Toulouse and Marseille, in addition to its international routes. READ ALSO New flights to and from France in 2025
Yahoo
01-05-2025
- Business
- Yahoo
Air France-KLM (AFLYY) Q1 2025 Earnings Call Highlights: Revenue Growth and Strategic Fleet ...
Revenue: Increased by 8% year over year. Operating Result: Improved by EUR161 million, reaching a negative EUR328 million. Net Debt to EBITDA Ratio: Stands at 1.6 times. Recurring Adjusted Operating Free Cash Flow: Positive EUR0.8 billion. New Generation Aircraft Fleet: Increased by 7 percentage points to 28% of total fleet. Unit Revenue Growth: 3% increase. Unit Cost Increase: 2.1% increase. Passenger Business Unit Revenue: Improved by 2.8%. Cargo Unit Revenue: Increased by 16.2%. Transavia Capacity Growth: Close to 4% increase. Maintenance Revenue: Significant increase, driven by engine business. Premium Economy Capacity Growth (KLM): Increased by more than 60%. Operating Free Cash Flow: EUR1 billion. Net Debt: Reduced by 6% to EUR6.9 billion. Cash at Hand: EUR9.3 billion. Fuel Price Reduction: EUR300 million decrease compared to previous guidance. Warning! GuruFocus has detected 4 Warning Signs with AFLYY. Release Date: April 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Air France-KLM (AFLYY) reported an 8% year-over-year increase in revenues, driven by strong performance across all activities, including maintenance. The operating result improved by EUR161 million, reaching a negative EUR328 million, a significant improvement from the previous year. The net debt to EBITDA ratio stands at 1.6 times, aligning with the company's midterm ambition range of 1.5 to 2.0 times. The company generated a positive recurring adjusted operating free cash flow of EUR0.8 billion, showcasing robust cash generation capabilities. The share of new generation aircraft increased by 7 percentage points, now representing 28% of the total fleet, aligning with sustainability goals. Despite improvements, the operating result remains negative at EUR328 million. Transavia's unit revenue was flat, impacted by factors such as bad weather in Spain and the introduction of a ticket tax in the Netherlands. The company faces increased costs due to a 40% rise in Schiphol tariffs, impacting unit costs. There is a 3% gap in forward booking load factors for the third quarter, raising concerns about future demand. The company is experiencing softness in economy class bookings on transatlantic routes, requiring potential price stimulation. Q: Can you confirm that you're still happy with at least EUR300 million in profit progression despite the unchanged guidance? Also, any comments on air freight and potential tariffs affecting CapEx and maintenance costs? A: We don't provide a profit guidance, but we stand by the EUR300 million impact from last year's incidentals. On air freight, the booking window is very short, and we don't see a significant impact yet. Regarding tariffs, we are monitoring the situation closely, especially potential European retaliation, but it's too early to tell the impact on maintenance costs. Q: Can you comment on the transatlantic booking gap for Q3 and whether you foresee needing price stimulation to fill the economy cabin? A: We don't see a further increase in the booking gap for Q3. July and August look good, and September is too far to predict accurately. We don't provide profit guidance, but the EUR300 million impact from last year's incidentals remains relevant. Q: Is there any evidence of US traffic shifting to other destinations, and could you clarify the ex-fuel unit cost increase related to Schiphol tariffs? A: We see some shift towards Canada and Latin America, but premium cabins are performing well. The Schiphol tariff increase contributes around EUR100 million annually, impacting unit costs by about 0.3% to 0.4%. Q: What is the status of the KLM CLA negotiations, and is there any risk of disputes affecting summer operations? Also, how does the uncertain trading outlook affect potential M&A deals? A: The KLM CLA negotiations are progressing, and we're optimistic about maintaining our back on track program. Regarding M&A, our interest in SAS and Air Europa remains, with no significant changes due to the trading outlook. Q: How do you see staff numbers and costs evolving with fleet expansion and premiumization? A: We expect productivity to improve, especially with the implementation of the back on track program. The premiumization impact is considered, and we continue to focus on operational efficiency. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
