Air France-KLM : Constraints lifted in April … ahead of renewed M&A? Target price upped to € 2.1
>No sign of pricing losing steam aside from cargo - After yield growth of 21.6% at networks in Q4 2022 (after 24% in Q3), the company indicated that long haul was showing no sign of losing steam at this stage. The load factor came in at 80% on bookings for Q1 2023 and 39% for those of Q2 vs 82% and 42% in the same period of 2019. This momentum continues to be driven by robust leisure traffic bearing in mind that the corporate segment is still some way off its 2019 lev...Air France-KLM is a holding company. Through its subsidiaries, Co. is engaged in transporting passengers and cargo, aeronautics maintenance and other air-transport related activities, including catering and charter services. Co. operates in six geographical regions: Metropolitan France; Europe (except France) and North Africa; Caribbean, French Guiana and Indian Ocean; Africa, Middle East; Americas, Polynesia; and Asia and New Caledonia. Co. organizes its business around the following four segments: Passenger, providing passenger transportation services on scheduled flights; Cargo, transporting freight on flights and selling cargo capacity to third parties; Maintenance, and Other activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.