Air France-KLM warns of higher annual costs

TCS partners Air France-KLM to modernise operations
India’s Tata Consultancy Services (TCS) has signed a multi-year agreement with Air France-KLM to modernise the airline group's data architecture by migrating it to the cloud. This partnership aims to enhance operational efficiency and support a sustainable aviation industry by leveraging cloud technology.
Air France-KLM warns of higher annual costs after Q3 profit miss
Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result and warned that this year's costs would be higher than previously projected. The French-Dutch airline group's shares fell 11% and could see their biggest daily drop in over two years if the losses persist.
Air France-KLM’s Mixed Q3 2024 Financial Performance
Air France KLM SA ( (AFLYY) ) has released its Q3 earnings. Here is a breakdown of the information Air France KLM SA presented to its
Air France KLM Cargo eyes Asia as performance improves in Q3
Air France KLM Martinair Cargo recorded improvements in cargo volumes, revenues and yield in the third quarter as it benefitted from rising demand out of
Dutch challenges evident as Air France-KLM profits fall
Air France-KLM saw its third-quarter earnings impacted by a higher-than-expected cost increase at its Dutch operation, as it gave further details on the "firm measures" it is taking to tackle what it
Air France-KLM Logs Lower Net Profit As Costs Weigh on Earnings
The carrier group reported a net profit drop after costs rose and pressured its performance in the third quarter of the year.
Air France-KLM Shares Fall After Earnings Miss Expectations
Air France-KLM shares fell in early morning trading in Paris after the Franco-Dutch carrier reported third-quarter earnings which missed analysts' expectations. Shares fell 9.9% after the company reported a 12% on-year drop in operating profit to 1.
Air France-KLM posts Q3 operating result below expectations
Airline group Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result, impacted by the Paris Olympic Games and unit costs. The French-Dutch group's operating result decreased by 162 million euros to 1.
Air France-KLM Profit Falls On Low Traffic During Olympics
Air France-KLM posted a sharp drop in its net profit for the third quarter on Thursday as travellers avoided Paris during the Olympic Games.
Air France-KLM says people avoided Paris during the Olympic Games — and that was bad news for the airline group
Air France-KLM posted disappointing earnings and attributed the decline to reduced travel to and from Paris during the ...
Regional Subsidiary: What Are KLM Cityhopper's Longest Routes?
But what are its longest routes this month? According to present data made available by Cirium, an aviation analytics company ...
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Tata to support cloud data migration for Air France-KLM
Tata Consultancy Services (TCS) has entered a multi-year partnership with Air France-KLM, aiming to transform the airline ...
Air France-KLM price target lowered to EUR 8.50 from EUR 9 at Barclays
Barclays lowered the firm’s price target on Air France-KLM (AFLYY) to EUR 8.50 from EUR 9 and keeps an Equal Weight rating on the shares.
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Supply Chain Dampens AFI KLM E&M Profit
However, AFI KLM E&M’s third-quarter operating profit shrunk slightly year on year to €58 million ($62.4 million) as “supply chain disruptions were still strongly impacting the operations, resulting ...
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TCS signs multi-year cloud migration deal with Air France-KLM
Tata Consultancy Services (TCS) has signed a multi-year deal with French airline Air France-KLM to migrate its workloads to ...
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KLM Royal Dutch Airlines Releases Third-quarter Results
In the third quarter of 2024, operating profit fell to €396 million (US$427.3 million) on revenue of €3.5 billion (US$3.78 billion). Year to date, operating profit is €303 million less than the same ...