Air France-KLM Investing $1.29 Billion In Transavia | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Fri, Sep 12, 2014

Air France-KLM Investing $1.29 Billion In Transavia

Hopes To Compete With Ryanair, Easyjet

Air France-KLM has announced its "Perform 2020" turnaround plan for low-cost carrier Transavia that comes with an investment equal to nearly $1.3 billion.

The airline is shooting for a 10 percent annual increase in earnings by 2017, according to a report in Buying Business Travel. It also plans to reduce operating costs by one percent through growth in capacity.

The plan will grow the Transavia fleet to 100 airplanes and add jobs for 250 pilots by 2019, according to the airline.

Transavia currently flies primarily to leisure destinations in Europe. "The ambitious initiatives we are launching today will go hand in hand with redoubled efforts to reduce costs and restructure activities which remain loss-making," said Air France-KLM Chief Executive Alexandre de Juniac.

The airline hopes that the plan will make it more competitive with low-cost carriers like Easyjet and Ryanair.

FMI: http://www.transavia.com/

Advertisement

More News

TikToker Arrested After Landing His C182 in Antarctica

19-Year-Old Pilot Was Attempting to Fly Solo to All Seven Continents On his journey to become the first pilot to land solo on all seven continents, 19-year-old Ethan Guo has hit a >[...]

Classic Aero-TV: Versatile AND Practical - The All-Seeing Aeroprakt A-22 LSA

From 2017 (YouTube Edition): A Quality LSA For Well Under $100k… Aeroprakt unveiled its new LSA at the Deland Sport Aviation Showcase in November. Dennis Long, U.S. Importer>[...]

ANN's Daily Aero-Term (06.27.25): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

ANN's Daily Aero-Linx (06.27.25)

Aero Linx: Historic Aircraft Association (HAA) The Historic Aircraft Association (HAA) was founded in 1979 with the aim of furthering the safe flying of historic aircraft in the UK>[...]

Aero-News: Quote of the Day (06.27.25)

"We would like to remember Liam not just for the way he left this world, but for how he lived in it... Liam was fearless, not necessarily because he wasn't afraid but because he re>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC