Air France Klm Stock Price, News & Analysis

Air France-KLM has released its monthly voting rights declaration as required by French regulatory authorities. As of December 31, 2024, the company reported 262,769,869 total shares and 360,705,547 theoretical voting rights. The theoretical voting rights figure includes all voting rights, including double voting rights as per French regulations.

Air France-KLM reports its monthly voting rights update as of November 30, 2024. The company has 262,769,869 total shares outstanding, with 360,715,914 theoretical voting rights, which include double voting rights. This disclosure is made in compliance with French regulatory requirements under L.233-8 II of the code of commerce and article 223-16 of the AMF rules.

Air France-KLM has released its financial statements and notes for the period ending September 30, 2024. The press release appears to be a regulatory filing announcement, but no specific financial details, performance metrics, or business highlights were provided in the announcement text.

Air France-KLM reported Q3 2024 results with an operating result of €1.18 billion and a 13.1% operating margin. Group revenues increased by 3.7% to €9.0 billion, with capacity up 3.6% and load factor at 89%. The quarter was impacted by the Olympic Games, resulting in a €160 million reduction in passenger unit revenue. Unit costs increased by 3.4% compared to 2023, driven by higher staff, operation, and maintenance costs at KLM. The Group maintained strong liquidity with €9 billion cash at hand and a Net debt/EBITDA ratio of 1.7x. The company successfully completed the acquisition of a 19.9% stake in SAS AB.

Air France-KLM reported its latest voting rights figures as of October 31, 2024. The company disclosed a total of 262,769,869 shares and 360,716,184 theoretical voting rights. The theoretical voting rights figure includes all voting rights, including double voting rights, as required by French regulatory authorities L.233-8 II of the code of commerce and article 223-16 of the AMF rules.

Air France-KLM has released its declaration of voting rights as of September 30, 2024, in compliance with French regulatory requirements. The company reported a total of 262,769,869 shares outstanding. The theoretical number of voting rights, which includes all voting rights including double voting rights, stands at 360,724,827.

This disclosure is in accordance with Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority (AMF). The information provides transparency on the company's capital structure and voting rights distribution, which is important for shareholders and potential investors.

KLM has announced a set of measures aimed at improving its operational and financial performance, as part of Air France-KLM's initiative to meet medium-term profitability targets. The measures focus on:

• Increasing productivity
• Implementing cost-cutting initiatives through organizational simplification
• Postponing non-essential investments
• Exploring new revenue streams
• Seeking more synergies

These actions are expected to result in a 450 million euro improvement in KLM's operating result in the short term. The measures are designed to address rising costs at KLM and contribute to Air France-KLM's overall financial goals.

Air France-KLM (AFLYY) has released its monthly declaration of voting rights as of August 31, 2024. The company reported a total of 262,769,869 shares outstanding. The theoretical number of voting rights, which includes all voting rights including double voting rights, stands at 360,725,102. This information is disclosed in compliance with French regulatory requirements, specifically L.233-8 II of the code of commerce and article 223-16 of the general rules of the French market authority (AMF).

Air France-KLM Group has completed the acquisition of a 19.9% non-controlling stake in SAS AB. This strategic move, part of a larger consortium investment, aims to enhance the Group's presence in Scandinavian markets. The transaction includes:

- A total investment of $144.5 million USD by Air France-KLM
- Extensive commercial cooperation beginning September 1, 2024
- SAS joining the SkyTeam alliance
- Codeshare and interline agreements providing access to 33 new destinations for each airline's customers
- Reciprocal loyalty program benefits

The deal allows for potential future increase in Air France-KLM's stake, subject to conditions. This investment aligns with Air France-KLM's strategic roadmap and was already factored into its 2024 financial trajectory.