AFRAF News and Press, Air France-KLM From 11/09/20

Pandemic seems to be sealing the fate of the Airbus A380 second-hand market. Supply of Airbus A380s to the second-hand market increased. Demand for superjumbo falls further due to the current challenging market environment. For further details see: Crisis Kills Airbus A3...

Air France-KLM is a company that has been struggling with itself for years. KLM has often profiled itself as the bright spot of the airline group. At the darkest hour, the strong KLM unity vanished. The pilot union has shown to be no reasonable touch with reality, while KLM an...

Air France-KLM SA (AFRAF) Q3 2020 Earnings Conference Call October 30, 2020, 03:00 AM ET Company Participants Benjamin Smith - CEO Anne Rigail - CEO, Air France Pieter Elbers - CEO, KLM Frederic Gagey - CFO Conference Call Participants Jarrod Castle - Union Bank of Switzerland Ruxandra Harada...

Air France-KLM SA (AFRAF): 9M GAAP EPS of -€14.22.Revenue of €8.73B (-57.6% Y/Y)Press Release For further details see: Air France-KLM SA reports 9M results

COVID-19 measures adopted today in Europe fall short of what is needed to boost demand, according to groups representing airlines and airports.The IATA says the biggest complaint is that the measures fail to propose the replacement of quarantine requirements with coronavirus tests and won't s...

Deutsche Bank explains some of the headwinds for the European airline industry as COVID cases accelerate in certain areas. The analysis could dampen some of the enthusiasm over the ramping up of testing capabilities by airline companies. "Rising COVID-19 infections in numerous EU countries ha...

In mid-March, I analyzed the Airbus A380 ( EADSF ) fleet activity and observed that from the 242 aircraft Airbus A380 aircraft were delivered, 6 had previously been phased out and 96 were idled due to the pandemic. Some readers saw a role for the Airbus 380 due to its size, not because it can ...

Germany's main aviation industry group has proposed the creation of limited air-travel corridors between major U.S. and some European hubs to begin the process of opening up transatlantic flight. The project would see U.S. airports in Chicago, Boston, Los Angeles and Newark, New Jersey be ...

Back in May, we wrote an article about Deutsche Lufthansa ( DLAKY ) ( DLAKF ), where we stated that the airline will survive the pandemic. In late June, Lufthansa shareholders finally approved the bailout package that was proposed by the German government and it's now certain that the compan...

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...