|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.2920 - 4.4400|
|52 Week Range||3.0110 - 4.9500|
|Beta (5Y Monthly)||1.94|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 14, 2008|
|1y Target Est||N/A|
PARIS (Reuters) -Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection for one of its engineering and maintenance units to help repay French state aid. "The proceeds of the transaction would enable Air France-KLM and Air France to partially redeem the French state perpetual bonds," the airline said, adding it would not involve any operational or workforce-related changes. An Air France-KLM spokesperson said the deal with Apollo Global Management would not result in the buyout firm taking an equity stake and was "purely financial".
PARIS (Reuters) -French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo partnership, betting on growing demand for flying goods around the world as supply chains remain snarled in the wake of the pandemic. CMA CGM will take up to 9% of Air France-KLM, worth about 240 million euros ($252 million) based on Tuesday's closing price, part of a possible capital increase by the airline group for the duration of their partnership that is initially set to run for 10 years, the two companies said. It will make CMA CGM the fourth biggest shareholder, according to Refinitiv data, and mirrors a similar initiative planned by shipping company MSC, which has teamed up with Germany's Lufthansa on a potential bid for Italian airline ITA Airways.
PARIS (Reuters) -Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a recovery in ticket sales and lower unit costs, the Franco-Dutch airline group said on Thursday. Chief Executive Officer Benjamin Smith said the "recovery is here" amid strong forward bookings. The conflict has destabilised global oil prices and caused airlines to suspend flights and plan longer routes to avoid Russian and Ukrainian airspace, but hedging fuel costs and fare hikes helped Air France-KLM soften the hit to its earnings.