AFRAF News and Press, Air France-KLM From 10/28/22

Air France-KLM SA (AFRAF) Q3 2022 Earnings Conference Call October 28, 2022 02:30 AM ET Company Participants Benjamin Smith - CEO Steven Zaat - CFO Marjan Rintel - CEO, KLM Anne Rigail - Deputy CEO & CEO of Air France Conference Call Participants ...

The following slide deck was published by Air France-KLM SA in conjunction with their 2022 Q3 earnings call. For further details see: Air France-KLM SA 2022 Q3 - Results - Earnings Call Presentation

Air France-KLM ( OTCPK:AFRAF ) on Friday reported Q3 revenue that surged 78% and posted profit from a year ago loss as air travel rose during the quarter. Q3 revenue €8.1B vs €4.6B, helped by higher capacity, load factor. Net income for the group was...

Air France-KLM ( OTCPK:AFRAF ) stock slumped on Friday after the company warned capacity will remain well below pre-pandemic levels despite robust demand into year-end. For the third quarter, the Franco-Dutch airline group notched €460M in net income alongside a n...

Summary Dejà Vu for the French-Anglo group, last time they were lucky for a deal that didn't go through. Our internal team has to assign zero value to Air France-KLM's possible transaction. Italian political risk to be considered. We maintain our neutral rating on the air...

Summary The Air France-KLM consortium will start an exclusive negotiation for ITA. Even if it did not believe in this deal at first, we are surprised to see the twist at the Italian Government level. Concerning Deutsche Lufthansa's valuation, we see no implication. The stock p...

Airline bookings have stayed strong in August despite macroeconomic pressures that have lead to overall higher fares and labor disruption that has lowered capacity for some carriers. System net sales improved for the week ending August 7 to  -9.2% vs. 2019 from the prior's week...

Lufthansa's passenger division is still suffering, but is well-supported by the CARGO segment. ITA Airways dossier is open, and the CEO is pressing the Italian authorities. Despite the travel rebound, we remain neutral, favoring other players in the industry. After our...

Air France-KLM delivered a good set of numbers, ahead of analysts' expectations. Lower forecast on passenger capacity, but we expect higher flight tickets. We still prefer Ryanair thanks to its fuel hedging policy and Deutsche Post for its freight division. Ahead of the ha...

Apollo Global Management is looking to acquire Atlas Air, but details are not known. Airline merger and acquisition momentum has increased significantly this year. Atlas Air looks attractive as an express shipping solution company. Any offer on Atlas Air should carry a premium...