A global alliance
On 22 June 1999, Air France and Delta Air Lines signed a long-term agreement, laying the foundations for a global alliance.
Air France ended its 1999-2000 financial year showing better growth than any other European carrier. It posted consolidated operating revenues of FF 67.7 billion ( 10.3 billion euros), up 13.5%, net operating income of FF 2.4 billion (0.36 billion euros), up 34.1%, and a net profit of FF 2.3 billion ( 0.35 billion euros), up 42%.
These results endorsed its strategy of profitable growth.
The birth of SkyTeam
On 22 June 2000, four major airlines : Aeromexico, Air France, Delta Air Lines, Korean Air, launched SkyTeam, a powerful global alliance, focused entirely on the customer and aimed at meeting their expectations with high quality, seamless service.
SkyTeam offerzs one of the world's largest networks, with 4 strategically located hubs in Asia, Europe, Latin America and the United States. The alliance provides conecting opportunities with over 6,400 daily flights to 451 destinations in 98 countries. SkyTeam operates more non-stop flights between the USA and Europe than any other alliance, and covers an area which generates half the world's air traffic. It also benefits from two hubs thar are among the world's leading airports in terms of development potential : Paris-Charles de Gaulle 2 for Air France, and Seoul Inchon, Korean Air's hub.
With the new global alliance which flies over 174 million passengers a year and boasts 935 aircraft ( passenger and cargo ), Air France is ready to take off into the new millenium. Its recent investments in major French regional carriers ( Proteus, Regional Airlines, BritAir) have enables it to strengthen its position on the French market and in regional air services.