|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.6700 - 4.8400|
|52 Week Range||3.0900 - 6.8800|
|Beta (5Y Monthly)||2.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul. 14, 2008|
|1y Target Est||2.80|
PARIS/AMSTERDAM (Reuters) -An easing of coronavirus travel restrictions is generating the first signs of recovery at Air France-KLM, the airline group said on Friday, as its unveiled a smaller loss for the second quarter coupled with positive cash from operations. KLM said with a majority of Europeans now fully vaccinated, countries should move quickly to harmonize regulations enabling more air travel. "Obviously the first quarter was terrible and probably even more so for KLM due to the very specific measure of double testing," Pieter Elbers, head of the group's Dutch unit, said in an interview, referring to a requirement in the Netherlands for passengers to provide two negative tests on return flights.
July 30, 2021 SECOND QUARTER 2021Operating result at -752 million euros, EBITDA at -248 million eurosAdjusted operating free cash flow positive at 210 million euros thanks to strong ticket sales The Group’s results improved compared to last year; although still impacted by travel restrictions: Revenue at 2,750 million euros, up 1,568 million compared to last yearOperating result at -752 million euros, up 801 million euros compared to last yearEBITDA loss reduced to -248 million euros Net income
A 3.4-billion-euro ($2.9 billion) Dutch bailout for Air France-KLM's Dutch unit was necessary and proportionate, EU state aid regulators said on Monday after Europe's second-top court annulled their decision in May. The Luxembourg-based General Court said that the European Commission, which acts as the bloc's competition enforcer, had not provided adequate reasoning why KLM was the only beneficiary of the Dutch aid and why the airline had not benefited from French support given to its parent. Judges suspended the annulments, giving the Commission another chance to decide on the case.