Air France-KLM SA (AFLYY)
| Previous close | 1.0600 |
| Open | 1.0515 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 1.0500 - 1.0600 |
| 52-week range | 1.0000 - 1.9500 |
| Volume | |
| Avg. volume | 57,198 |
| Market cap | 2.756B |
| Beta (5Y monthly) | 1.82 |
| PE ratio (TTM) | 3.18 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 29 Jun 2022 |
| 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.
- Bloomberg
Airline SAS Wins Court Approval on $1.2 Billion Restructuring
(Bloomberg) -- Scandinavian airline SAS AB won bankruptcy court approval on a debt restructuring funded by a $1.2 billion investment anchored by Air France-KLM and private equity firm Castlelake LP.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesUltra-Wealthy Are Souring on Chicago’s Most Elite NeighborhoodNvidia Looks to Extend AI Dominance With New Blackwell ChipsWhat Happens If Trump Can’
- 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.
