Air France-KLM warns of higher annual costs

Air France-KLM warns of higher annual costs after Q3 profit miss
Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result and warned that this year's costs would be higher than previously projected. The French-Dutch airline group's shares fell 11% and could see their biggest daily drop in over two years if the losses persist.
Dutch challenges evident as Air France-KLM profits fall
Air France-KLM saw its third-quarter earnings impacted by a higher-than-expected cost increase at its Dutch operation, as it gave further details on the "firm measures" it is taking to tackle what it
Air France KLM Shares Fall as Morgan Stanley Downgrades Stock
PARIS (Reuters) - Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'. Air France KLM shares were down around 2% in early session trading.
AIR France KLM (0LN7) Receives a Buy from Bernstein
Bernstein analyst Alex Irving maintained a Buy rating on AIR France KLM (0LN7 – Research Report) today and set a price target of
Air France-KLM reiterates interest in TAP
Air France-KLM has reiterated today its interest in privatising TAP, after an initial “very positive” meeting with the Portuguese Government.
Air France-KLM (AFLYY) Q3 2024 Earnings Report Preview: What To Expect
Air France-KLM (AFLYY) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $9.90 billion, and the earnings are expected to come in at $0.41 per share.
Air France-KLM Shares Fall After Earnings Miss Expectations
Air France-KLM shares fell in early morning trading in Paris after the Franco-Dutch carrier reported third-quarter earnings which missed analysts' expectations. Shares fell 9.9% after the company reported a 12% on-year drop in operating profit to 1.
Air France-KLM posts Q3 operating result below expectations
Airline group Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result, impacted by the Paris Olympic Games and unit costs. The French-Dutch group's operating result decreased by 162 million euros to 1.
Air France-KLM Logs Lower Net Profit As Costs Weigh on Earnings
The carrier group reported a net profit drop after costs rose and pressured its performance in the third quarter of the year.
Air France-KLM Profit Falls On Low Traffic During Olympics
Air France-KLM posted a sharp drop in its net profit for the third quarter on Thursday as travellers avoided Paris during the Olympic Games.
Air France-KLM says people avoided Paris during the Olympic Games — and that was bad news for the airline group
Air France-KLM posted disappointing earnings and attributed the decline to reduced travel to and from Paris during the ...
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Air France Reveals How Much Money it Lost From the Olympics
Air France took a huge financial hit from the Paris 2024 Olympics. However, the company anticipates long-term benefits from the tournament.
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AIR France KLM (0LN7) Gets a Buy from J.P. Morgan
In a report released today, Harry Gowers from J.P. Morgan maintained a Buy rating on AIR France KLM (0LN7 – Research Report), with a price target of €12.00. The company’s shares closed yesterday ...
European airlines struggle with plane delays, high costs in Q3
Europe's major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising ...
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Air France-KLM sees higher unit costs on wages and maintenance
The Franco-Dutch carrier group now estimates costs will advance by about 3 per cent compared with last year. Picture: Sjoerd van der Wal ...
TCS bags multi-year deal from Air France-KLM for transition to advanced AI
India's largest IT services company Tata Consultancy Services (TCS) has bagged a multi-year deal to assist Air France-KLM in transitioning to an advanced, AI-ready, and cloud-native data landscape, ...
Travel Troubleshooter: Our Air France credit expired. How do we get our $23,577 back?
What happens when a San Leandro resident’s Air France ticket credit — worth $23,577! — expires? Air France canceled Gilda ...