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Apollo Global Management is looking to acquire Atlas Air, but details are not known. Airline merger and acquisition momentum has increased significantly this year. Atlas Air looks attractive as an express shipping solution company. Any offer on Atlas Air should carry a premium...
Air France-KLM SA (AFRAF) Q2 2022 Earnings Conference Call July 29, 2022 02:30 A.M. ET Company Participants Anne Rigail – Deputy CEO & CEO of Air France Benjamin M. Smith – CEO Marjan Rintel - CEO, KLM Steven Zaat – CFO Conferen...
The following slide deck was published by Air France-KLM SA in conjunction with their 2022 Q2 earnings call. For further details see: Air France-KLM SA 2022 Q2 - Results - Earnings Call Presentation
Air France-KLM SA press release ( OTCPK:AFLYY ): Q2 Net income of €324M. Revenue of €6.71B (+144.0% Y/Y). For further details see: Air France-KLM SA net income of €324M, revenue of €6.71B
London’s Heathrow Airport, the busiest airport in Europe prior to the pandemic, has asked airlines to discontinue summer sales as it struggles with staff shortages and delays. A statement released on Tuesday explained that the airport cannot cope with surging passenge...
Having analysed the company's transformation program, there is an execution risk to consider. Air France-KLM is ready to face the strong summer demand. We still prefer other names in the industry. For further details see: Air France-KLM: Currently A No Go
Bank of America said in its latest report on the airline industry that is has yet to see any cracks in airline bookings, despite investors being concerned about a potential slowdown post peak summer travel. Notably, international volume crossed above the 2019 level for the first time since th...
Air France-KLM's revenue has been rising, and non-current lease debt levels relative to total assets have been declining. These could be longer-term growth drivers once the macroeconomic situation becomes more stable. In the more immediate term, the stock could remain volatile giv...
Travel will rebound strongly in 2022. Consumers are eager to travel and short-haul continental traffic will benefit from pent-up leisure demand. The closure of airspaces is a new blow for aviation and Covid is a headwind for China meaning the return to profitability may be pushed ...
Bank of America pointed to a strong upturn in airline bookings data that backs up the positive tone heard from carriers with their traffic and guidance updates. The firm said system net sales stepped up significantly to -15.4% compared to 2019 for the week ending March 13 vs. -25.4% compared ...