AFLYY Stock Recent News
AFLYY LATEST HEADLINES
Paris, July 31, 2024 Declaration of transactions in own shares completed on July 26, 2024 The declaration of transactions in own shares completed on 26 July 2024 was sent to the Autorité des Marchés Financiers on 31 July 2024. This document is available to the public in accordance with current regulations and can be consulted in the "regulated information" section of the Company's website.
DESCRIPTION OF THE SHARE BUYBACK PROGRAM AUTHORIZED BY THE SHAREHOLDERS' MEETING OF JUNE 5, 2024 Pursuant to Article 241-2 of the General Regulations of the Autorité des Marchés Financiers (AMF), the purpose of this description is to present the objectives and terms of the share buyback program authorized by the Shareholders' meeting of June 5, 2024. Securities concerned: ordinary shares issued by AIR FRANCE – KLM.
Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday.
xx SECOND QUARTER 2024 July 25, 2024 Operating result of €513 million with operating margin at 6.5% impacted by unit cost and higher fuel price Group capacity increased by 4.1% compared to last year with load factor at 88% Group revenues at €7.9bn, up 4.3% compared to last year Unit cost at +1.7% compared to 2023 Operating result at €513m, with operating margin at 6.5%, Olympic Games impact €40m Half-Year Recurring adjusted operating free cash flow positive at €134m Cash at hand at €9.6bn and Net debt/EBITDA ratio of 1.6x Commenting on the results, Mr. Benjamin Smith, Group CEO, said: “The second quarter of 2024 confirmed an increasingly challenging environment for aviation, with rising fuel prices and a continued pressure on costs.
Air France-KLM - Financial statements and notes to the financial statements as of June 30, 2024 Attachment 2024.06 - Air France-KLM - Financial statements and notes to the financial statements as of June 30, 2024
Paris, 18 July 2024 Air France-KLM and Air France announce the successful renegotiation of their Sustainability Linked Revolving Credit Facility, resulting in an increase to €1.4 billion and extension of its maturity to July 2028 Financial conditions optimization following Air France-KLM's credit rating Maturity extended to July 2028, associated with a one-year extension option Increase of the facility from €1,290m to €1,405m Increase in the RCF lenders' pool from 16 to 17 relationship banks, among which 12 Tier 1 banks, and 5 Tier 2 banks. In March 2023 Air France-KLM and Air France as combined borrowers signed a €1.2billion Sustainability-Linked RCF.
Paris, July 10, 2024 Air France-KLM welcomes today's decision by the European Commission confirming anew that the liquidity support measures granted to its airlines by the French and Dutch States during the Covid-19 crisis were compliant with EU State aid rules. As a reminder, these liquidity measures granted in 2020 took the form of State guaranteed loans and State loans.
Paris, July 1, 2024 Update on Summer bookings Air France and Transavia France are currently experiencing pressure on projected unit revenues for the summer season due to the upcoming Olympic Games in Paris, with traffic to and from the French capital lagging behind other major European cities. International markets show a significant avoidance of Paris.
Air France-KLM's CEO has urged Aeroports de Paris to improve the French capital's Charles de Gaulle airport, saying a shortage of jetways has created a daily struggle for aircraft parking spaces and higher operating costs.
Air France-KLM CEO Ben Smith discusses air travel demand for the summer, supply chain issues and consolidation in Europe. He spoke with Bloomberg Television's Guy Johnson at the IATA Conference in Dubai.