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Last €7.85 EUR
Change Today +0.099 / 1.28%
Volume 870.0
As of 12:29 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

air france-klm (AFR) Snapshot

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52 Week High
04/4/14 - €11.92
52 Week Low
10/16/14 - €5.84
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Average Volume 10 Days
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Current Stock Chart for AIR FRANCE-KLM (AFR)

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air france-klm (AFR) Details

Air France-KLM Societé Anonyme, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Passenger, Cargo, Maintenance, and Other segments. It also offers cargo transport and aeronautics maintenance services; and other air-transport-related services comprising catering and low cost services. The company was founded in 1919 and is headquartered in Paris, France.

71,777 Employees
Last Reported Date: 02/19/15
Founded in 1919

air france-klm (AFR) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: €645.0K
Compensation as of Fiscal Year 2014.

air france-klm (AFR) Key Developments

Air France and KLM Reports Traffic Results for the Month Ended February 2015

Air France and KLM reported traffic results for the month ended February 2015. For the month, the company reported traffic highlights Network airlines activity of 5.4 million passengers, +0.8% Unit revenue per available seat kilometer (RASK) ex-currency down compared to February 2014, reflecting the expected capacity-demand balances: good performance on North America, the Caribbean-Indian Ocean region and point-to-point, unit revenues under pressure on Asia, Africa, Middle East and Latin America. Transavia activity 0.5 million passengers, +14.8% Ongoing accelerated development of Transavia: strong traffic growth combined with increased load factor. Total group passenger activity 5.9 million passengers, +1.9%. Cargo activity Unit revenue per available ton kilometer (RATK) ex-currency down compared to February 2014, impacted notably by the change in business mix (13% reduction in full-freighter capacity).

Cotchett, Pitre & McCarthy LLP and Hausfeld, LLP Provides Update of Settlement of Class Action Lawsuit Involving Price of Airline Tickets

Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are: Air France; Cathay Pacific; Japan Airlines; Malaysian Airlines; Qantas; Singapore Airlines; Thai Airways; and Vietnam Airlines. The lawsuit continues against five Non-Settling Defendant airlines: Air New Zealand; All Nippon Airways (ANA); China Airlines (Taiwan); EVA Airways; and Philippines Airlines. The lawsuit claims that the Defendants agreed to fix prices on tickets for transpacific air travel. As a result, ticket purchasers may have paid more than was necessary. The Settling Defendants deny the allegations, and deny that they have any liability. The Defendant airlines also deny liability, although ANA has pled guilty to fixing the prices of certain discounted tickets. Purchasers are included if: they bought a ticket for air travel from one of 26 airlines; the ticket included at least one flight segment between the U.S. and Asia or Oceania; and the purchase was made between January 1, 2000 and the present. The Settling Defendants have agreed to pay $39,502,000. Money will not be distributed yet, and will be distributed pursuant to a Plan of Allocation approved by the Court. Class Counsel will pursue the lawsuit against the Non-Settling Defendants.

Air France-KLM To Launch Servair Stake Sale Soon

Air France-KLM SA (ENXTPA:AF) will launch a sale of catering unit Servair soon, worth up to around $435 million and has mandated BNP Paribas to manage the deal, sources familiar with the matter told Reuters. Air France-KLM plans to keep a stake in the business, with first bids due before Easter and likely buyers being PAI Partners, Ardian or Advent International SAS, one source said. Air France-KLM declined to comment. Advent, Ardian and PAI also declined to comment.


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