Air France unveiled a new first-class suite on Tuesday in a bid to lure wealthy travellers from business jets and lend a French touch to the tussle for premium customers.
Air France-KLM SA (OTCPK:AFRAF) Q4 2024 Results Conference Call March 6, 2025 3:00 AM ET Company Participants Ben Smith - CEO Steven Zaat - CFO Marjan Rintel - CEO of KLM Conference Call Participants Jarrod Castle - UBS Alex Irving - Bernstein James Hollins - BNP Paribas Exane Harry Gowers - JPMorgan Ruxandra Haradau-Doser - HSBC Stephen Furlong - Davy Ben Smith Good morning, everyone, and thank you for joining us today for the presentation of Air France-KLM's results for the fourth quarter of 2024. Today, I'm joined by Steven Zaat, Group CFO; Anne Rigail, CEO of Air France; and Marjan Rintel, CEO of KLM.
German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delays in aircraft deliveries, but vowed a turnaround plan will boost earnings this year.
The CEO of Air France-KLM, Ben Smith, said on Friday the airline was ready to present its project for the privatisation of Portugal's flag carrier TAP, and intended to invest in local economy and connect the country's secondary cities.
Air France-KLM is exploring potential cooperation on sustainable aviation fuel with Portuguese partners ahead of the privatisation of Portugal's flag carrier TAP, a spokesperson for the airline said on Tuesday.
Norway's anti-discrimination tribunal found Air France's policy against seating men next to unaccompanied children to prevent any possibility of predatory behavior to be discriminatory, a passenger said Tuesday.
Google Cloud said on Wednesday it had partnered with Air France-KLM to deploy generative artificial intelligence (AI) technology on the airline group's data.
Spanish airline Air Europa's owner Globalia said on Wednesday there was an interest from Air France-KLM in potentially taking a stake in the airline.
Franco-Dutch airline group Air France-KLM is in talks to take a 20% stake in Spanish airline Air Europa, newspaper El Economista said on Wednesday, citing unidentified sources.
AGL, AFLYY and BATRK have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024.
Barclays lowered the firm's price target on Air France-KLM to EUR 8.50 from EUR 9 and keeps an Equal Weight rating on the shares.
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