Previous Close | 1.5200 |
Open | 1.5800 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 1.5200 - 1.5200 |
52 Week Range | 1.1400 - 5.5400 |
Volume | |
Avg. Volume | 2,806 |
Market Cap | 4.034B |
Beta (5Y Monthly) | 2.15 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jul 14, 2008 |
1y Target Est | N/A |
(Reuters) -Air France-KLM's quarterly earnings beat market expectations on Friday as demand surged for summer travel despite continuing operational issues in the airports sector. "Air France-KLM continues to impress," Bernstein analyst Alex Irving wrote in a note to clients, adding that the airline seems "to have pulled off a startling transformation". This was the first net profit the French group made before the coronavirus pandemic, starting in 2020, brought travel to a grinding halt.
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Air France KLM's low-cost unit Transavia, hit by cabin crew strike action since Wednesday, said it planned to operate around 70% of its French flights on Friday and Saturday and 75% of its capacity on Sunday, a company spokesperson said. Transavia's management cancelled a quarter of its flights on Thursday and 15% on Wednesday. Dozens of cabin attendants, stewardesses and stewards have been on strike since Wednesday, asking for more pay and better working conditions.