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2023-04-03 12:06:18 ET Airline stocks traded lower on Monday in reaction to the surprise production cut announced over the weekend by major oil producers in the OPEC+ group. Saudi Arabia, the top producer in the group that includes Russia, will cut 500K barrels per day . The total n...
2023-03-31 07:29:57 ET Deutsche Bank turned constructive on European airlines on Friday on the view that the material outlook on the sector is improved. Analyst Jaime Rowbotham said the potential for operating profits in 2023 is now much higher than the firm thought previously despi...
2023-03-27 15:18:05 ET A “megastrike” in Germany on Monday did not dampen performance for shares of Lufthansa ( OTCQX:DLAKY ), Ryanair ( RYAAY ), and more on Monday. The nation’s transportation in terms of both rail and air was wracked by disrupt...
2023-03-09 17:51:33 ET Summary Air France-KLM SA has significantly outperformed the stock markets. The company has transformed and deleveraged ahead of schedule. Despite some challenges at KLM due to Schiphol capacity constraints, the company is positioned to grow more efficie...
2023-03-06 15:54:13 ET The FAA paused traffic at both Jacksonville and Miami airports amid a traffic control issue on Monday afternoon, according to a safety notice. The notice indicated that both airports were “heavily impacted” by a radar issue, causing a gro...
Air France-KLM SA (AFRAF) Q4 2022 Earnings Conference Call February 17, 2023, 02:30 AM ET Company Participants Benjamin Smith - CEO Steven Zaat - CFO Marjan Rintel - CEO, KLM Anne Rigail - CEO, Air France Conference Call Participants Jarrod Castle - UBS...
Summary Meta Platforms, Inc. is the king of social media and reported steady user growth of 4.9% across its Family of Apps which had 2.96 billion daily active people in Q4,22. The company beat revenue estimates for Q4, and increased its revenue by 16% sequentially despite a 4.5% decline...
Summary Air France-KLM had its fair share of problems even before the pandemic. The company seems to be coming out of the pandemic more unified and focused. Debt is manageable and dilution risk seems low. I haven't been a big fan of Air France-KLM (AFRAF) in recent years a...
Summary Q3 profits are back to the pre-COVID-19 level. However, Wall Street is discounting a recession and a slowdown in air travel demand. MSC-Lufthansa consortium has more chances to re-enter ITA Airways privatization. Air France-KLM just announced a €1 billion de...
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 ...