In this write-up, I will explain why investors should not invest in Air-France KLM (OTCPK:AFRAF) (AFLYY). Their future is extremely uncertain, and there are much better airlines up for grabs in the stock market.
Introduction
While Air-France KLM has been a struggling airline for years now, airlines on average experienced the best decade ever known in aviation. As you can see, the airlines index outperformed the normal Dow Jones by 135% until the corona crisis kicked off, and caused airline stocks to crash.
In 2019 old KLM CEO Hans Smits talked openly about