The results of Air France-KLM are roughly in line with expectations. Bernstein’s analysts find this in a reaction to the airline’s figures.
According to the market researchers, turnover in a disastrous quarter is slightly better than expected, but the loss is much greater than anticipated due to some burdens. Bernstein uses the advice outperform.
Raymond James is issuing the advice marketerform for Air France-KLM. According to the business bank, the turnover of the airline combination in the second quarter was better than expected and Air France-KLM also loses a little less money each month than estimated. According to experts from Deutsche Bank, the more than EUR 14 billion in credit lines and liquidity that the company had at the end of June is the most striking figure in the trade bulletin. This is due to the billions of aid that the company recently received from the Netherlands and France. Deutsche uses a sell advice on Air France-KLM.
ING, who has a hold opinion, speaks of the weakest performance ever, but no surprise. The bank believes that Air France-KLM will indeed recover in the coming years, but that this will be very slow. The share of Air France-KLM on the stock exchange was 2.9 percent lower at 3.46 Euros around 09.30.