Air France KLM

Improved Q1 loss

  • Sectors : Airlines
  • Companies : Air France KLM

Ratings and price correct at time of issue.

  • Air France KLM

    Closing Price: 747c

  • RATING 17/05/23

  • PREVIOUS RATING 12/01/23

    NEUTRAL

DAVY VIEW

Air France KLM improved losses in Q1, ahead of expectations, and reaffirmed its full year outlook. We will look to the 09:30 CET analyst/investor call for any colour on different geographic markets, but lower fuel provides a tailwind. The Q1 presentation implies a consistent trend in bookings despite uncertainty and a c.$300m lower fuel bill than the FY presentation.

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Apr 30 2025, 07:51 IST/BST

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