Air France-KLM SA (AF.PA)
| Previous close | 9.88 |
| Open | 9.70 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 9.54 - 9.85 |
| 52-week range | 9.01 - 18.03 |
| Volume | |
| Avg. volume | 1,812,068 |
| Market cap | 2.585B |
| Beta (5Y monthly) | 1.82 |
| PE ratio (TTM) | 3.14 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 14 Jul 2008 |
| 1y target est | N/A |
- Reuters
Dutch court to rule in KLM 'greenwashing' case
A Dutch court was set to rule on Wednesday on a lawsuit alleging that KLM misled customers with an advertising campaign aimed at improving the company's environmental image, in a case of so-called "greenwashing." KLM, which does not dispute that air travel contributes to global warming, denied misleading customers with the "Fly Responsibly" campaign, which it said was well-intentioned attempt to draw attention to the problem. The suit, brought in 2022 by environmental group Fossil Free, argued that there is no way to "Fly Responsibly" as long as air travel is a major contributor to carbon dioxide emissions.
- Reuters
UPDATE 1-Delta Air to resume flights to Israel starting June 7
Delta Air Lines said late on Wednesday it will resume flights to Israel starting June 7, becoming the second major U.S. carrier to do so following the Oct. 7 attack by Hamas militants on southern Israel. Delta said it will begin daily flights between New York-JFK and Tel Aviv on an Airbus A330-900neo following an extensive security risk assessment by the airline. United Airlines resumed flights to Israel earlier this month from Newark but does not plan to restart flights from other U.S. cities until at least this fall.
- Reuters
UPDATE 4-Lufthansa gives subdued 2024 outlook as labour disputes weigh
Lufthansa warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as the German airline struggles with costly labour disputes, offsetting the travel boom. The airline said operating results this year would be on par with 2023, but Chief Financial Officer Remco Steenbergen said there was "no hard commitment" to meet a target for operating margins to hit 8% for the year. Steenbergen said the company would try to get "as close as possible" to the 8% target, and would broadly keep the target even if Lufthansa doesn't achieve it this year.
