Friday, 19 Jun 2009 | Source: The Associated Press
Air France said Friday it would give about 17,500 euros ($24,000) as an advance to the families of the victims of the crash of Air France Flight 447 from Rio de Janeiro to Paris.
Two years ago here at the Paris Airshow the sun was shining, the champagne corks were flying and the fizz was flowing as the orders rolled in for Airbus and Boeing. Wind the clock forward to now and the story is very different.
This is the 100th Paris Airshow but the aviation industry has little to celebrate. The grey weather here at Le Bourget really sums up to mood of most CEOs in the industry and it's extremely unlikely that we will see the flurry of aircraft orders normally associated with the event. The tragic news associated with Air France 447 is also casting a long shadow and is likely to dominate many of Airbus' scheduled events.
The French government expressed deep disappointment Friday over the news that ocean debris recovered by the Brazilian military this week appeared to be the remains of a shipwreck and not from an Air France jet that crashed in the South Atlantic on Monday.
Wednesday, 20 May 2009 | Source: The Associated Press
Delta Air Lines, Air France and KLM signed a deal Wednesday to combine two separate joint venture agreements into one to create a more integrated trans-Atlantic powerhouse that they said will generate $12 billion in annual revenue.