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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Air France-KLM    AF   FR0000031122

AIR FRANCE-KLM

(AF)
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France to keep supporting Air France-KLM if needed: government

11/18/2020 | 08:52am EST
Last flight departs from Berlin's Tegel airport, which closes permanently following the recent opening of the new Berlin-Brandenburg (BER) airport, in Berlin

PARIS (Reuters) - The French government will continue to support airline company Air France-KLM if necessary, government spokesman Gabriel Attal said on Wednesday.

Attal, holding a news conference after a cabinet meeting, was asked about a report that Air France-KLM was discussing plans to raise another 6 billion euros ($7.1 billion) from its two government shareholders and other investors.

The company received 10.4 billion euros in state-backed bailouts from France and the Netherlands earlier this year to help it cope with the impact of the coronavirus pandemic.

"The state has always strongly supported Air France since the beginning of the crisis", Attal said, adding the company had ongoing talks with France's finance ministry.

(Reporting by Dominique Vidalon and Matthieu Protard, editing by Louise Heavens and Mark Potter)


© Reuters 2020
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Financials
Sales 2020 10 910 M 13 277 M 13 277 M
Net income 2020 -7 056 M -8 587 M -8 587 M
Net Debt 2020 12 916 M 15 717 M 15 717 M
P/E ratio 2020 -0,32x
Yield 2020 -
Capitalization 2 009 M 2 445 M 2 445 M
EV / Sales 2020 1,37x
EV / Sales 2021 1,02x
Nbr of Employees 82 122
Free-Float 49,8%
Chart AIR FRANCE-KLM
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Air France-KLM Technical Analysis Chart | MarketScreener
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Technical analysis trends AIR FRANCE-KLM
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 22
Average target price 3,34 €
Last Close Price 4,70 €
Spread / Highest target 70,2%
Spread / Average Target -28,9%
Spread / Lowest Target -97,9%
EPS Revisions
Managers and Directors
NameTitle
Benjamin M. Smith Chief Executive Officer & Director
Anne-Marie Couderc Non-Executive Chairman
Frédéric Gagey Chief Financial Officer
Jean-Christophe Lalanne Executive Vice President-Information Technology
Maryse Aulagnon Independent Director
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