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AFRAF News and Press, Air France-KLM From 08/05/20

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Company Name: Air France-KLM
Stock Symbol: AFRAF
Market: OTC

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AFRAF - Air France-KLM: Don't Expect Full Recovery In The Next Couple Of Years

Air France-KLM ( AFRAF ) (AFLYY) expects to recover from COVID-19 only in 2025. While liquidity is not a problem, since the airline received over €10 billion of state funds from France and Dutch governments, it's very unlikely that the company will be able to reward its shareholders any...

AFRAF - Air France KLM SA (AFRAF) CEO Benjamin Smith on Q2 2020 Results - Earnings Call Transcript

Air France KLM SA (AFRAF) Q2 2020 Earnings Conference Call July 31, 2020, 02:30 ET Company Participants Benjamin Smith - CEO & Director Frederic Gagey - CFO Conference Call Participants Daniel Roeska - Sanford C. Bernstein & Co. Savi Syth - Raymond James & Assoc...

AFRAF - Air France-KLM SA reports Q2 results

Air France-KLM SA ( OTCPK:AFRAF ) : Q2 GAAP EPS of -€5.26. More news on: Air France-KLM SA, Air France-KLM SA, Earnings news and commentary, Consumer stocks news, Read more ...

AFRAF - Air-France to shun 7,500 jobs

Air-France KLM ( OTCPK:AFRAF ) plans to cut more than 7,500 jobs, with 6,560 jobs at Air France and 1,020 jobs at its regional French carrier Hop! over a period of three years. More news on: Air France-KLM SA, Air France-KLM SA, Consumer stocks news, Read more ...

AFRAF - Air-France KLM: A Political Mess

Introduction After the initial corona dip and my bearish article , where I advised not to buy Air-France KLM( OTCPK:AFRAF ), the stock has vastly underperformed indexes and its competitors. In my latest article I wrote: 'In my opinion, the risk-reward ratio of Air-France KLM is not wo...

AFRAF - Ryanair: A Wonderful Airline Competing In A State-Aid Market

Introduction Ryanair (RYAAY) (RYAOF) is an Irish budget airline, one of the biggest in Europe. They are able to be more profitable than all other European airlines by running the company very efficiently. They only operate Boeing (BA) 737's. At the start of 2020, they actually wanted to dive...

AFRAF - How Boeing Will Suffer From Airline Bankruptcies

Article Thesis It is reasonable to assume that a range of airlines ( JETS ) will go bankrupt during the current crisis, and/or see major restructuring changes. This will hurt demand for new commercial aircraft in the short- and medium-term, and the deferral of new aircraft deliveries by non-...

AFRAF - Stocks To Buy After The Buffett Sell-Off

On April 3, 2020, it was reported that Berkshire Hathaway ( BRK.A , BRK.B ) had sold around 13M of Delta ( DAL ) shares and 2.3M of Southwest (LUV) stock. Later on May 2, 2020, at Berkshire's Annual Meeting, it was reported that Berkshire had fully pulled out of the airline industry. Berk...

AFRAF - Ryanair: Weak Load Factor And Low Air Traffic Will Be Major Issues In The Next Couple Of Years

Despite the ongoing pandemic, Ryanair ( RYAAY ) can weather the current storm, as it has enough liquidity to stay afloat for more than a year in the current environment. U nlike its major competitors, the airline will not require a state bailout and it will be able to fully resume its op...

AFRAF - A380 takes step closer to aviation archives

Air France ( OTCPK:AFRAF -4.5% ) took a fresh €500M writedown as it permanently retires its nine Airbus ( OTCPK:EADSY +1.7% ) A380s, just over a decade after becoming the first European airline to operate them. More news on: Air France-KLM SA, Airbus SE ADR, ANA Holdings Inc.,...

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