Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Air France-KLM SA
  6. News
  7. Summary
    AF   FR0000031122

AIR FRANCE-KLM SA

(AF)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EU lawmakers back aid for virus-hit economy in remote vote

03/26/2020 | 05:32pm EDT
Special session of EU Parliament on coronavirus disease (COVID-19) in Brussels

European Union lawmakers approved on Thursday emergency funds to cushion the bloc's economic slump triggered by the coronavirus pandemic and shore up battered airlines by preserving their landing slots.

Members of the European Parliament (MEPs) gave near unanimous support for three sets of proposals at the conclusion of a session that spanned more than 12 hours.

It was the parliament's first ever remote vote following the suspension of meetings due to the risk of coronavirus transmission. Only a handful of lawmakers gathered in the Brussels plenary chamber with the most of the 688 participating MEPs scattered under lockdown across Europe.

"From one day to the next, our lifestyles changed. Our streets emptied. Our doors closed. And we moved from a daily routine to the fight of our lives," the head of the EU executive, Ursula von der Leyen, told the gathering.

Wearing white, latex protective gloves, she called on the chamber to vote into law a special 37-billion-euro ($40.8 billion) fund to allow the 27 member states to spend more to prop up their economies.

The legislation will also allow an existing natural disaster fund to support strained public health services across the EU.

The assembly also supported the suspension of a rule that strips airlines of their landing slots if they do not run most of their scheduled services - so as to ease an industry crisis unleashed by the coronavirus pandemic.

After holding two test votes earlier in the week, members of the EU legislative arm had to print ballot forms at home, scan or photograph their signed votes and send them from their official email address for counting.

"Democracy cannot be stopped by this virus," David Sassoli, the Italian president of the parliament, who appeared in the chamber in Brussels for the briefest of periods to announce the results of the votes.

($1 = 0.9065 euros)

By Marine Strauss


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AIR FRANCE-KLM SA 0.15% 4.526 Real-time Quote.-11.74%
DEUTSCHE LUFTHANSA AG -0.87% 10.254 Delayed Quote.-4.47%
EASYJET PLC -1.10% 957.4 Delayed Quote.16.63%
MEMBERS CO., LTD. -2.69% 3250 End-of-day quote.40.15%
NORWEGIAN AIR SHUTTLE ASA -3.30% 9.883 Real-time Quote.-74.83%
RYANAIR HOLDINGS PLC -1.42% 16.365 Real-time Quote.1.97%
WIZZ AIR HOLDINGS PLC -1.30% 4875 Delayed Quote.8.06%
All news about AIR FRANCE-KLM SA
06/17AIR FRANCE KLM  : KLM Consortium Lands Grant From Swedish Energy Agency For Sust..
MT
06/17EXCLUSIVE : Cathay working with Airbus on single-pilot system for long-haul
RE
06/17Cathay working with Airbus on single-pilot system for long-haul
RE
06/16AIR FRANCE-KLM  : Bernstein gives a Sell rating
MD
06/14Budget airlines scoop up Italy routes as Alitalia relaunch stalls
RE
06/11AIR FRANCE KLM  : New pension scheme agreement reached for ground staff KLM
AQ
06/11Airlines Seek Reform Of EU's Flight Compensation Law Amid COVD-19-Related Pay..
MT
06/10Crisis-hit EU airlines seek 'more balanced' passenger rights
RE
06/10Airbus, Air France want EU green funds used for jet incentives - documents
RE
06/10AIRBUS  : Air France-KLM Ask For EU Green Funds In Switch To Environmentally Fri..
MT
More news
Financials
Sales 2021 13 673 M 16 242 M 16 242 M
Net income 2021 -2 738 M -3 252 M -3 252 M
Net Debt 2021 11 812 M 14 031 M 14 031 M
P/E ratio 2021 -0,86x
Yield 2021 -
Capitalization 2 899 M 3 436 M 3 443 M
EV / Sales 2021 1,08x
EV / Sales 2022 0,73x
Nbr of Employees 75 937
Free-Float 69,6%
Chart AIR FRANCE-KLM SA
Duration : Period :
Air France-KLM SA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AIR FRANCE-KLM SA
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 21
Average target price 3,56 €
Last Close Price 4,52 €
Spread / Highest target 77,0%
Spread / Average Target -21,3%
Spread / Lowest Target -97,8%
EPS Revisions
Managers and Directors
NameTitle
Benjamin M. Smith Chief Executive Officer & Director
Frédéric Gagey Chief Financial Officer
Anne-Marie Couderc Non-Executive Chairman
Jean-Christophe Lalanne Executive Vice President-Information Technology
Isabelle Bouillot Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR FRANCE-KLM SA-11.74%3 436
DELTA AIR LINES, INC.11.81%28 759
RYANAIR HOLDINGS PLC1.97%22 171
UNITED AIRLINES HOLDINGS, INC.26.98%17 771
AIR CHINA LIMITED0.66%16 468
CHINA SOUTHERN AIRLINES COMPANY LIMITED13.85%13 620