Air France and KLM represent years of French and Dutch airline tradition, but Air France-KLM represents a first: a holding company made up of two national airlines. Together, Air France-KLM is the second-largest airline in Europe after Deutsche Lufthansa and one of the largest in the world. Through its operating units, the company serves more than 315 destinations in about 115 countries with a fleet of some 540 aircraft. Air France and KLM operate independently from hubs in Paris and Amsterdam, but have coordinated their operations, both as sister companies and as members of the SkyTeam alliance, which also includes Alitalia, Delta Air Lines, and Korean Air Lines.
Air France-KLM offers passenger transportation, cargo transportation, and aircraft maintenance services and transported 87.4 million passengers and 1.3 million tons of cargo in 2015. It has a fleet of 546 aircraft in operation.
The Air France-KLM network is organized around its hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. With these two major hubs, the company links Europe to the rest of the world, spanning 316 destinations in 115 countries.
The company's net sales decreased by €608 million from 2013 to 2014 due to decreased sales from its passenger and cargo businesses. The company also suffered net losses in 2013 and 2014 due to impairment charges and negative impacts from fuel hedges.
Air France-KLM has identified three main growth areas: Asia, where it plans to reinforce its existing partnerships and develop new ones with airlines which are similar to its own airlines in size; the European leisure market, where it will accelerate Transavia's growth; and the maintenance market, where it plans to continue to make acquisitions to supplement its organic growth.