Air France was formed on 7th October 1933, with the merger of five airlines - Air Orient, Air Union, Compagnie Générale Aéropostale, Compagnie Internationale de Navigation Aérienne (CIDNA), and Société Générale de Transport Aérien (SGTA). During World War II, Air France moved its operations to Casablanca, Morocco. After the war was over, the air service company got nationalized and Societe Nationale Air France was set up, on January 1, 1946. The same year, Air France opened its first air terminal at Les Invalides, in central Paris. By 1948, Air France was operating one of the largest fleets in the world, with 130 aircrafts.
Air France is one of the subsidiaries of the Air France KLM Group, the world's leading airline group in terms of its turnover. Air France-KLM is also the largest airline company in the world in terms of operating revenues and the third largest one (being largest in Europe) in terms of passengers-kilometers. The airline is also one of the founding members of the…
The bank was founded by a group of industrialists and financiers during the second empire, on May 4, 1864. The bank's first chairman was the prominent industrialist Eugène Schneider (1805–1875) followed by Edward Blount, a Scotsman. The company started to hire employees and establish offices. Coverage of France went ahead at a steady rate. By 1870, the bank had 15 branches in Paris and 32 in the rest of France. It set up a permanent office in London in 1871. At the beginning, the bank used its own resources almost entirely for both financial and banking operations. In 1871, Société Générale moved into the public French issues market with a national debenture loan launched to cover the war indemnity stipulated in the Treaty of Frankfurt. In 1886, Société Générale was part of the bank consortium (along with the Franco-Egyptian Bank and the Crédit Industriel et Commercial) that financed the construction of the Eiffel Tower.
Today, Société Générale S.A. is a French multinational banking…
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