AF Air France-KLM SA

Air France-KLM - Financial statements and notes to the financial statements as of June 30, 2024

Air France-KLM - Financial statements and notes to the financial statements as of June 30, 2024

Air France-KLM - Financial statements and notes to the financial statements as of June 30, 2024

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EN
25/07/2024

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Reports on Air France-KLM SA

Quirijn Mulder
  • Quirijn Mulder

Air France-KLM/Higher costs hurt/HOLD

AF-KLM is going through a challenging period related to a combination of geopolitical stress along with increasing costs. Whereas unit costs were estimated to go up by 1-2% earlier, it is now 2%. So, we now see that the company is taking many measures. Albeit positive it will take time to filter through while certain costs like wages continue to increase. A lot is discounted in AF-KLM's average EV/EBITDA FY24-26F of 2.3x or at an 18% discount to its European peers. We find a 25% discount justifi...

 PRESS RELEASE

Declaration of number of voting rights

Declaration of number of voting rights 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 the French market authority (AMF). DateNumber of sharesTotal number of voting rights   09/30/2024 262,769,869Theoretical number of voting rights1:360,724,827 1 The theoretical voting rights include all voting rights, including double voting rights. Attachment

 PRESS RELEASE

KLM announces set of measures aimed at improving the airlines operatio...

KLM announces set of measures aimed at improving the airlines operational and financial performance Paris, 3 October 2024 KLM announces set of measures aimed at improving the airline’s operational and financial performance Earlier this year, Air France-KLM announced that measures would be implemented at KLM to structurally improve the airline’s operational and financial performance. These measures are required to address rising costs at KLM and to secure Air France-KLM’s ability to meet its medium-term profitability targets. KLM today presented the outlines of these measures, which nota...

 PRESS RELEASE

KLM annonce un ensemble de mesures visant à améliorer ses performances...

KLM annonce un ensemble de mesures visant à améliorer ses performances opérationnelles et financières Paris, le 3 octobre 2024 KLM annonce un ensemble de mesures visant à améliorer sa performance opérationnelle et financière Plus tôt cette année, le Groupe Air France-KLM a annoncé que des mesures seraient mises en œuvre au sein de KLM afin d'améliorer structurellement la performance opérationnelle et financière de la compagnie.Ces mesures s’avèrent nécessaires pour faire face à l'augmentation des coûts de KLM et pour garantir la capacité d'Air France-KLM à atteindre ses objectifs de renta...

 PRESS RELEASE

Declaration of number of voting rights

Declaration of number of voting rights    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 the French market authority (AMF). DateNumber of sharesTotal number of voting rights   08/31/2024 262,769,869Theoretical number of voting rights1:360,725,102 1 The theoretical voting rights include all voting rights, including double voting rights. Attachment

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