AFRAF News and Press, Air France-KLM From 08/11/23

2023-08-11 02:07:20 ET The unemployment rate in France inched up to 7.2% in the second quarter of 2023 from 7.1% in Q1 2022, and the highest since Q3 2022, as the number of unemployed people increased by 20K to 2.2M. Meanwhile, the unemployment rate for people aged 15-24 edged up by 0.1...

2023-08-08 02:49:43 ET France recorded a trade deficit of Є6.713B in June of 2023. Consensus estimates at -Є8B ETFs: ( EWQ ), ( FLFR ). Currency: ( EUR:USD ) For further details see: France shows a trade deficit of Є6.71B

2023-08-03 12:46:18 ET Summary Air France-KLM SA posted strong Q2 results, with revenues increasing by €917 million and margins improving from 5.8% to 9.6%. Air France outperforms KLM in revenue growth and profit increase. Air France-KLM's debt profile is manageable, wi...

2023-07-28 16:30:24 ET Air France-KLM SA (AFRAF) Q2 2023 Earnings Conference Call July 28, 2023, 02:30 AM ET Company Participants Benjamin Smith - CEO Steven Zaat - CFO Anne Rigai - CEO, Air France Marjan Rintel - CEO, KLM Conference Call Participants ...

2023-07-28 08:37:06 ET Air France-KLM SA press release ( OTCPK:AFRAF ): 1H Revenue of $13.95B (+21.1% Y/Y). Net Income of €275M For further details see: Air France-KLM SA reports 1H results

2023-07-27 17:01:27 ET Apollo ( NYSE: APO ) is discussing a possible €1.5 billion financing for Air France-KLM’s Flying Blue Loyalty program with commercial partners, the asset manager said Thursday. The transaction discussions follow two previous Apollo-ar...

2023-07-20 02:58:04 ET Business Confidence in France remained unchanged at 100 points in July from 100 points in June of 2023. ETFs: ( EWQ ), ( FLFR ). Currency: ( EUR:USD ) For further details see: France business confidence at 100 in July

2023-07-13 13:06:54 ET Summary Boeing customers bought more than 300 airplanes in July. Deliveries are increasing, which is a positive for cash generation. Boeing's expanding backlog provides significant upside to production rates. I provide monthly overviews for orders,...

2023-07-12 08:19:19 ET Deutsche Bank turned cautious on the European airline sector on Wednesday with a series of rating downgrades and price target cuts. Analyst Jaime Rowbotham pointed to some weakness in the firm's fares data, with 60-day out prices for travel in August having screen...

2023-06-21 10:41:18 ET Summary The company's net debt was further reduced by €1 billion. Air France-KLM is focusing on improving its balance sheet, which is a positive catalyst to address investor concerns. The company is taking steps to achieve the medium-term core ope...