Air France-KLM SA (AFRAF)
| Previous Close | 3.7500 |
| Open | 3.7500 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 3.7500 - 3.7500 |
| 52 Week Range | 3.5400 - 6.0600 |
| Volume | |
| Avg. Volume | 2,516 |
| Market Cap | 2.405B |
| Beta (5Y Monthly) | 2.07 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -9.1830 |
| 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 in talks with Apollo over 500 million euro cash injection
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".
- GlobeNewswire
Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines
Paris, 20 May 2022 Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines Reinforcement of Group’s equity Financing proceeds allocated to partial reimbursement of the French State AidReduction of Group’s cost of debt Following announcement of the second step of equity strengthening measures at the Full Year 2021 results presentation, Air France-KLM announces today that it has entered into exclusive discussions
- Reuters
Air France-KLM agrees cargo deal with French shipping firm CMA CGM
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.
