Streetbeat News

AFLYY

Air France-KLM

https://www.airfranceklm.com/fr

CEO

Benjamin Smith

Industry

Scheduled Passenger Air Transportation

Open

0.92

Mkt cap

2.4B

Volume

18K

High

0.92

P/E Ratio

7.50

52-wk high

1.20

Low

0.88

Div yield

N/A

52-wk low

0.70

Air France-KLM's CEO, Ben Smith, announced the airline's readiness to bid for the privatization of Portugal's TAP, aiming to invest in the local economy and enhance connectivity in the country.

Portfolio Pulse from

February 28, 2025 | 9:00 pm

Air France-KLM is seeking partnerships in Portugal for sustainable aviation fuel as it prepares for the privatization of TAP, Portugal's national airline.

Portfolio Pulse from

January 28, 2025 | 5:00 pm

Norway's anti-discrimination tribunal ruled that Air France's policy of not seating men next to unaccompanied children is discriminatory. This decision could impact Air France's operations and policies.

Portfolio Pulse from

January 14, 2025 | 3:15 pm

Globalia, the owner of Spanish airline Air Europa, has confirmed that Air France-KLM is interested in potentially acquiring a stake in Air Europa.

Portfolio Pulse from

November 27, 2024 | 10:00 am

AGL, AFLYY, and BATRK have been added to the Zacks Rank #5 (Strong Sell) List as of November 19, 2024, indicating a negative outlook for these stocks.

Portfolio Pulse from

November 19, 2024 | 10:15 am

Air France-KLM released its financial statements and notes for the period ending September 30, 2024. The report provides detailed financial information about the company's performance.

Portfolio Pulse from

November 07, 2024 | 7:30 am

Air France-KLM reported stable Q3 2024 operating results at €1.2 billion, excluding the Olympic Games impact. Group revenues increased by 3.7% to €9.0 billion, with a load factor of 89%. However, unit costs rose by 3.4% due to higher staff, operation, and maintenance costs at KLM. Measures are being taken to improve KLM's performance.

Portfolio Pulse from

November 07, 2024 | 7:30 am

GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) has been approved to access a credit insurance policy supported by SE-Camex and backed by the FGE, allowing up to $209 million in financing for engine maintenance in Brazil. The company reported a 16.4% revenue growth in Q3 FY23 and has partnerships with American Airlines Group Inc (NASDAQ: AAL) and Air France-KLM (OTC: AFLYY). GOL's shares dropped slightly by 0.25% to $3.72.

Portfolio Pulse from Shivani Kumaresan

December 26, 2023 | 3:49 pm

Several global airlines, including United Airlines Holdings, Inc. (UAL), Delta Air Lines, Inc. (DAL), American Airlines Group, Inc. (AAL), Air France-KLM (AFLYY), Finnair Oyj (FNNNF), EasyJet Plc (ESYJY), Hainan Airlines, Cathay Pacific Airways Ltd (CPCAF), and Korean Air Lines Co Ltd, have suspended their flights to Tel Aviv due to the recent Hamas militant assault on Israel. The airlines have cited security concerns and will resume their services once the conditions are safer.

Portfolio Pulse from Shivani Kumaresan

October 09, 2023 | 10:02 am

Airbus SE delivered 52 airplanes to 34 customers in August, with gross orders totaling 117. Year-to-date deliveries totaled 433 airplanes to 77 customers. Airbus registered 1,218 net orders in the first eight months of 2023, after 39 cancellations. Airbus and Air France-KLM have entered exclusive negotiations to establish a joint venture for Airbus A350 component maintenance services worldwide.

Portfolio Pulse from Nabaparna Bhattacharya

September 07, 2023 | 11:34 am

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