note
Franco-Dutch group Air France-KLM (AIRF.PA) has formed a new French regional airline unit called Hop! to respond to competition from low-cost rivals.
Hop! will operate 530 daily flights to 136 destinations in Europe from March 31 with one-way fares from 55 euros, the company said The launch of the new airline - which has been created through the merger of regional units Brit Air, Regional Air and Airlinair - is part of a reshuffle of the group's loss-making short and medium-haul operations. In 2019, the airline was rebranded as Air France Hop with all flights carrying the Air France code and brand by September 1.
Under a three-year plan dubbed "Transform 2015," Air France- KLM is seeking to cut costs to pay back debt. It will cut 5,000 jobs to turn around its short and medium-haul business, which lost 700 million euros in 2011.
founded - demised (age)
March 31 2013 - present (12years)
headquarters
, Paris
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base airports
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current /stored fleet (39)