Edition:
United Kingdom

Air France KLM SA (AIRF.PA)

AIRF.PA on Paris Stock Exchange

7.90EUR
4:37pm BST
Change (% chg)

€-0.29 (-3.57%)
Prev Close
€8.19
Open
€8.13
Day's High
€8.13
Day's Low
€7.86
Volume
4,911,578
Avg. Vol
3,700,462
52-wk High
€12.73
52-wk Low
€6.69

Latest Key Developments (Source: Significant Developments)

Majority of pilots vote in favour of increasing Air France KLM's Transavia fleet
Monday, 27 May 2019 

May 27 (Reuters) - Air France KLM SA ::* SNPL ALPA Air France council representing a majority of Air France pilots has voted 97% in favor of beginning negotiations with Air France management in order to increase the number of aircraft in the Transavia (France) fleet, currently capped at 40 aircraft.* "This new development is a strong sign of the improved relationship and positive culture taking hold within Air France," said Benjamin Smith, CEO of Air France-KLM Group..* A larger Transavia France operation is designed to protect the current size of Air France mainline and to position Transavia France as a strong player in the competitive low-cost market..  Full Article

WestJet says Expansion Of Codeshare Relationship With Air France
Friday, 26 Apr 2019 

April 26 (Reuters) - WestJet Airlines Ltd ::WESTJET GIVES GUESTS GREATER EUROPE ACCESS.WESTJET AIRLINES LTD - EXPANSION OF CODESHARE RELATIONSHIP WITH AIR FRANCE..  Full Article

Air France KLM launches new bond issue worth up to 500 mln euros
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Air France KLM SA ::* Air France-KLM launches an offering of Bonds Convertible into New Shares and/or Exchangeable for Existing Shares (OCEANE) due 2026 for a maximum nominal amount of €500 million.* The net proceeds from the issue of the Bonds will be used by the Company for general corporate purposes, including the refinancing of the subordinated perpetual notes issued in 2015 and callable in October 2020..* The nominal unit value of the Bonds will be set at a premium of 57.5% to 65.0% above Air France-KLM's reference share price on the regulated market of Euronext Paris.* The Bonds will be issued at par and will bear a coupon ranging from 0.125% to 0.500% from the Issue Date.  Full Article

Air France-KLM November Traffic Up ‍​4.8 Percent
Monday, 10 Dec 2018 

Dec 10 (Reuters) - AIR FRANCE KLM SA ::NOVEMBER TRAFFIC UP ‍​4.8 PERCENT.NOVEMBER PASSENGER LOAD FACTOR ‍​UP 0.7 PERCENT POINTS TO 86.3‍​ PERCENT.NOVEMBER CARGO ACTIVITY UP 0.8 ‍​ PERCENT.  Full Article

Air France-KLM and China Eastern sign extension of their joint venture
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Air France KLM SA ::* Air France-KLM and China Eastern sign extension of their joint venture .* As part of this enhanced agreement, the three SkyTeam airlines (Air France, KLM, and China Eastern Airlines) will extend their joint venture partnership as of January 1, 2019 on two additional routes, Paris-Wuhan and Paris-Kunming.* Air France, KLM, and China Eastern will offer their respective customers new codeshare and connection opportunities.* China Eastern has 8.8% of Air France-KLM's share capital, and has one member on the Air France-KLM Board of Directors. .  Full Article

Amadeus: Air France Enters Into Derivative Transaction Over 1.13% Of Amadeus Shares
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Amadeus ::AIR FRANCE ENTERS INTO A DERIVATIVE TRANSACTION WITH SOCIÉTÉ GÉNÉRALE OVER 5 MILLION OF AMADEUS SHARES, THAT IS 1.13% OF SHARE CAPITAL.TRANSACTION WILL ALLOW AIR FRANCE FINANCE TO CONTINUE TO PROTECT AGAINST VARIATIONS IN THE VALUE OF 5 MILLION AMADEUS SHARES.  Full Article

Air France-KLM: August Traffic Up 3.3 Percent
Monday, 10 Sep 2018 

Sept 10 (Reuters) - AIR FRANCE KLM SA ::REG-AIR FRANCE - KLM : AUGUST 2018 TRAFFIC.AUG TRAFFIC UP 3.3 PERCENT.AUG PASSENGER LOAD FACTOR UP 0.7 PERCENT POINTS TO 90.8 PERCENT.AUG CARGO ACTIVITY UP 4.8 PERCENT.  Full Article

Air Canada Announces Departure Of Benjamin Smith
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Air Canada ::AIR CANADA ANNOUNCES DEPARTURE OF BENJAMIN SMITH, PRESIDENT, AIRLINES AND CHIEF OPERATING OFFICER.SAYS BENJAMIN SMITH WILL RESIGN HIS POSITION EFFECTIVE AUGUST 31, 2018.SAYS BENJAMIN SMITH WILL RESIGN TO ACCEPT ROLE AS CEO AT EUROPEAN-BASED GLOBAL AIRLINE.  Full Article

More Air France unions call for strike action from May 3-May 8
Thursday, 26 Apr 2018 

April 26 (Reuters) - Air France KLM SA ::GROUP OF AIR FRANCE UNIONS SAY THEY ALSO BACK STRIKES FROM MAY 3-MAY 8, ALONGSIDE EARLIER PILOT UNIONS CALL FOR STRIKES IN EARLY MAY.  Full Article

Air France Proposes Final Agreement On Salary Increases
Monday, 16 Apr 2018 

April 16 (Reuters) - AIR FRANCE KLM SA ::MANAGEMENT PROPOSES A FINAL AGREEMENT FOR SIGNATURE UP TO FRIDAY 20 APRIL 2018 AT MIDDAY.FOR 2018, PROPOSES ADDITIONAL PAY INCREASE OF 1%, BRINGING OVERALL INCREASE TO 2% AT 1ST APRIL 2018.2018 ADDITIONAL INCREASE OF 1% IS ACCOMPANIED BY A MINIMUM THRESHOLD OF 25 EUROS PER MONTH.FOR 2019, 2020 AND 2021: A GENERAL WAGE INCREASE OF 5% OVER THE PERIOD (1.65% PER YEAR), GUARANTEED UNDER THE GROWTH PACT.FOR 2019, 2020 AND 2021: THIS INCREASE OF 1.65% PER YEAR IS ACCOMPANIED BY A MINIMUM THRESHOLD OF 40 EUROS PER MONTH.WITH THIS AGREEMENT, SALARIES WOULD INCREASE, ON AVERAGE OVER THE PERIOD, BY 12.5%.ESTIMATED COST OF THESE STRIKES, INCLUDING 17 AND 18 APRIL, IS 220 MILLION EUROS..PROPOSAL INCLUDES PLANS TO ADAPT INCREASE IF CO'S FINANCIAL RESULT IS LESS THAN 200 MILLION EUROS.PROPOSAL INCLUDES PLANS TO APPLY A REVERSION CLAUSE IN CASE OF HIGHER INFLATION OR A NEGATIVE FINANCIAL RESULT.  Full Article

Photo

KLM signs preliminary deal for 15 Embraer E195-E2 planes

LE BOURGET, France Brazilian planemaker Embraer SA said on Wednesday that Dutch airline KLM had signed a letter of intent to buy 15 of its E195-E2 planes and taken out options to potentially buy another 20.