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 (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 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 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 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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TCS Bags Multi-Year Deal from Air France-KLM
TCS has secured a multi-year deal with Air France-KLM to transition the airline to an advanced, AI-ready, and ...
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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 ...
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AirFrance-KLM invests in digital infrastructure with TCS deal
Tata Consultancy Services has signed a multi-year deal to help Air France-KLM, a Europe-based global aviation leader in passenger transport, cargo transport ...
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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 ...
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 ...