AFLYY Stock Recent News

Air France-KLM's engineering and maintenance business is targeting a return to 2019 levels of operating profit in 2024, despite higher working capital, Anne Brachet, EVP of the division, said at the Paris Airshow on Wednesday.

Benjamin Smith, Air France-KLM CEO, discusses its flight demand in different markets.

Problems at KLM and Transavia make headlines in Dutch media. Problems are partially linked to problems in the aerospace supply chain and the wider issues with the Pratt & Whitney turbofans. While inconvenient, the impact relative to the full operations is expected to be minor.

An Air France KLM SA passenger plane flying from Osaka in western Japan to French capital Paris turned back on Sunday after weather radar and speed meters malfunctioned while flying over the Pacific Ocean, Kyodo news agency reported.

Air France-KLM SA first quarter results produced a higher than expected loss. Second quarter results are likely to be impacted by airplane shortages and Schiphol Airport capacity constraints.

Air France-KLM SA (OTCPK:AFRAF) Q1 2023 Earnings Conference Call May 5, 2023 2:15 AM ET Company Participants Benjamin Smith - Chief Executive Officer Steven Zaat - Chief Financial Officer Erik Swelheim - Chief Financial Officer, KLM Conference Call Participants Harry Gowers - JPMorgan Sumit Mehrotra - Societe Generale Muneeba Kayani - Bank of America Sathish Sivakumar - Citigroup Alex Irving - Bernstein Stephen Furlong - Davy Research Neil Glynn - Air Control Tower Andrew Lobbenberg - Barclays Jarrod Castle - UBS Johannes Braun - Stifel Achal Kumar - HSBC Operator Ladies and gentlemen. you are currently on hold for the Air France First Quarter 2023 Conference Call.

Air France-KLM slightly reduced its capacity forecast for the year ahead of what looks set to be a busy summer thanks to strong ticket sales that fed into higher revenue for the first quarter.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Air France-KLM SA (AFLYY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Air France-KLM and ocean shipping and logistics provider CMA CGM on Monday announced the launch of a 10-year alliance between their air cargo divisions under which they will jointly market freighter capacity, and combine networks and dedicated services to increase scale and competitiveness. The strategic partnership, which was made public in May 2022, includes Martinair Cargo, an Air France-KLM all-cargo subsidiary.

Air France-KLM SA (AFLYY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.