AFLYY / Air France-KLM joins airlines reporting record profits

Air France-KLM SA (OTCPK:AFRAF) Q2 2023 Earnings Conference Call October 27, 2023 2:30 AM ET Company Participants Benjamin Smith - CEO Steven Zaat - C more_horizontal

Air France-KLM (OTC:AFLYY) has unveiled a record €1.34 billion operating profit for the third quarter, a 31% year-on-year increase, propelled by a s more_horizontal

Air France passengers, whether sprawled-out in first-class or cheek-by-jowl in economy, get a free glass of champagne. It's important tradition and fo more_horizontal

Air France-KLM has a history of failed equity investments in European airlines. The company is now investing in SAS AB, aiming to strengthen its posit more_horizontal

Shareholders in Swedish airline SAS may well have been sending SOS signals this morning, as shares in the carrier plummeted by over 80% early on follo more_horizontal

Jacob Pedersen, head of equity research at Sydbank, discusses the restructuring deal of the Scandinavian airline SAS, which includes fellow airline co more_horizontal

Air France-KLM announced the purchase of 50 A350 widebody aircraft Monday from Airbus SE, as the European planemaker edged out arch-rival Boeing Co. a more_horizontal

Air France-KLM said the decision to go with Airbus for its widebody fleet renewal came down to a complex choice around aircraft range, pricing and s more_horizontal