|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.64 - 8.64|
|52 Week Range||7.78 - 14.95|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.30|
Moody's Investors Service (Moody's) has today affirmed the A1 senior unsecured debt ratings of Royal Schiphol Group N.V. and the provisional (P)A1 rating on the EUR3 billion medium-term note (EMTN) programme of Royal Schiphol Group N.V. and Schiphol Nederland B.V. (together, Royal Schiphol Group). The rating affirmation reflects Moody's expectation that, notwithstanding the current constraints limiting passenger growth and the continued sustained levels of capital expenditure, which will weigh on financial metrics, Royal Schiphol Group will continue to exhibit a credit profile commensurate with an A1 rating, supported by the enhanced visibility provided by the regulatory framework and the associated increases in aeronautical tariffs planned at least until 2021.
PARIS (Reuters) - Air France will cut 465 ground staff jobs from its domestic services as it reduces short-haul capacity under competitive pressure from low-cost rivals and high-speed trains, parent company ...
Air France blamed intense competition from high-speed rail and low-cost rivals as it announced 465 job cuts and a scaling back of its domestic network. The airline, part of the Air France-KLM group, said on Monday it would reduce headcount through voluntary redundancies over the next year, while capacity for travel within France would fall 15 per cent by the end of 2021. Anne Rigail, chief executive, said that while the airline would hire in some areas over the coming year, “we also have the responsibility to guarantee an even balance of our activities in certain sectors to secure their long-term viability”.
Shares of the British Airways owner rose as much 5.1% after it posted an operating profit of 135 million euros ($151 million) Friday, while reiterating its full-year guidance and predicting that pricing will pick up in coming months. The earnings figure was still 60% down from a year earlier as higher fuel costs and the timing of Easter further eroded margins. Deutsche Lufthansa AG reported a 336 million-euro loss and Air France-KLM Group suffered a 303 million-euro shortfall.
Air France KLM carried a total of 8.96 million passengers across the group last month, up 9.2 percent from a year ago, the company said on Friday. The airline's April passenger load factor - an industry metric that measures how much of an airline's passenger carrying capacity is used - rose by 0.6 percentage points from a year earlier to 88.7 percent. Earlier this month, Air France-KLM blamed higher fuel costs and price competition as it posted a first-quarter loss.
10 May 2019 APRIL 2019 TRAFFIC Group passenger activity: number of passengers +9.2%, traffic +9.5%, load factor +0.6pt Traffic highlights Passenger network activity (Air France and KLM) ...
Air France-KLM will propose a voluntary redundancy scheme that would affect nearly 400 ground staff at French airports, La Tribune said on Saturday, a day after the airline posted a deeper first-quarter loss. The Franco-Dutch company, which blamed higher fuel costs and price competition for its operating loss of 303 million euros ($339 million), will present the redundancy plan to a union and management meeting on May 13, La Tribune said on its website. An Air France spokesman confirmed that a voluntary plan to cut short-haul ground staff would be presented on May 13 but declined to give details on the proposals ahead of the meeting.
Declaration of number of voting rights Information relating to the total number of voting rights and shares as required by L.233-8 II of the code of commerce and.
It’s been a tough winter period for some of Europe’s biggest airline groups, with extra seats flooding into market causing problems in the seasonally weak first quarter of the year. Air France-KLM saw its net loss widen 20 percent to $357 million (€320 million) for the quarter until the end of March, a similar story […] The post Air France-KLM Losses Grow as Competition Intensifies appeared first on Skift.
Air France-KLM blamed higher fuel costs and price competition as it posted a deeper first-quarter loss on Friday, sending the airline group's shares lower. The Franco-Dutch company reported a 1.9 percent drop in unit revenue for January-March but said pressure should ease in the rest of the year as rival airlines' capacity growth slows. Air France-KLM shares were down 4.4 percent to 9.78 euros at 0813 GMT, after the group said its operating loss widened to 303 million euros ($339 million) from 118 million a year earlier.
Air France-KLM blamed higher fuel costs and tough price competition as it posted a deeper first-quarter loss on Friday, but said pressure would ease in the rest of the year as rival airlines' capacity growth slows. Under new Chief Executive Officer Ben Smith, who joined last September from Air Canada, the company is seeking to boost efficiency in part through better coordination of the Air France and KLM networks and fleets. "The first quarter has been challenging for the European airline industry including the Air France-KLM Group," Smith said in a statement.
Roissy, April 24, 2019 Availability of documents ahead of the Air France-KLM Shareholders’ Meeting of May 28, 2019 Preparatory documents to the Shareholders’.
SkyWest, Air France-KLM, Facebook, Twitter and Snapchat highlighted as Zacks Bull and Bear of the Day
Starting in 2021, the budget airline will begin its first ever service in the lucrative trans-Atlantic market, the company announced. "London is the largest metro area JetBlue doesn't yet serve from both Boston and New York, and we could not be more thrilled to be changing that in the years ahead," said President Joanna Geraghty in a statement. The company said it was still evaluating which airports in London it will serve.
Roissy, 9 April 2019 Availability of the 2018 Registration Document 2018 Registration Document Air France-KLM`s 2018 ...
April 8, 2019 MARCH 2019 TRAFFIC Group passenger activity: number of passengers +3.4%, traffic +2.8%, load factor -0.3pt Traffic highlights Passenger network activity (Air France and KLM) ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Royal Schiphol Group N.V. Paris, April 03, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Royal Schiphol Group N.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Declaration of number of voting rights Information relating to the total number of voting rights and shares as required by L.233-8 II of the code of commerce and article 223-16 of the general rules of ...
This press release does not constitute a solicitation to purchase or an offer of the Bonds (as defined below) or the shares of Air France-KLM (together, the "Securities") in the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act")). The Securities may not be offered or sold in the United States or to, or for the account or benefit of, U.S. Persons unless they are registered or exempt from registration under the Securities Act.
This press release does not constitute a solicitation to purchase or an offer of the Bonds (as defined below) or the shares of Air France-KLM (together, the "Securities") in the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act"). The Securities may not be offered or sold in the United States or to, or for the account or benefit of, U.S. Persons unless they are registered or exempt from registration under the Securities Act.
Air France KLM Cargo said today it is the first airline to adopt the International Air Transport Association's (IATA) new "AutoCheck" digital system for accepting shipments of dangerous goods transported by air. According to the cargo unit of the French-Dutch airline group, the system will ensure a shipper's compliance with IATA's dangerous goods regulations by digitally matching the shipper's required dangerous goods declaration with the relevant IATA protocols.
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March 8, 2019 FEBRUARY 2019 TRAFFIC Group passenger activity: number of passengers +4.1%, traffic +2.8%, load factor +0.2pt Traffic highlights Passenger network activity (Air France and ...