Air France-KLM : On course but turbulence areas follow one after the other
Publication date 14/03/2022 08:26 - Writing date 14/03/2022 08:25 - Airline bonds - / - Source : Bloomberg - - Equity data - Recommendation: Underperform - Target price: 4.5 EUR - Equity analyst: Yan Derocles - - 57 - - / - / - - - - - Air France-KLM is in the starting blocks - ready to launch the second phase of its recapitalisation plan, but market conditions have deteriorated markedly with the new crisis triggered by Russia's invasion of Ukraine. Fortu...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.
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