Airlines upbeat on 2024 demand despite supply challenges [Yahoo! Finance]
AIR FRANCE-KLM ADS (AFLYY)
NASDAQ:AMEX Investor Relations:
airfranceklm.com/en/contacting-investor-relations-department
Company Research
Source: Yahoo! Finance
2024 on the back of sustained travel demand, but the Franco-Dutch carrier's year-end troubles highlighted some of the challenges the sector faces. European airlines are reporting strong summer bookings as they benefit from a continuing post-pandemic travel boom, but concerns over high jet fuel prices, geopolitical uncertainty and wage talks have clouded prospects. Case in point: Air France-KLM swung to an unexpected loss in the last quarter of 2023, hit by higher costs and disruptions caused by conflict in the Middle East, sending its shares down 10% in early trade. IAG, however, saw its shares rise following strong 2023 results and reassuring comments over capacity for 2024, amid fierce competition for new planes and problems at manufacturers. IAG CEO Luis Gallego said the Middle East conflict had impacted mostly corporate demand in the last quarter of 2023 and the first quarter of 2024, but that was expected to recover. Unlike other airlines, IAG said it was not concerned
Show less
Read more
Impact Snapshot
Event Time:
AFLYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AFLYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AFLYY alerts
High impacting AIR FRANCE-KLM ADS news events
Weekly update
A roundup of the hottest topics
AFLYY
News
- Cargo IT meltdown hits Air France-KLM earnings [Yahoo! Finance]Yahoo! Finance
- Aviation giant Air France-KLM Group reports further Q1 losses [Yahoo! Finance]Yahoo! Finance
- Air France-KLM and Lufthansa's cost-cutting plan takes off as tough first quarter loss hits [Fortune]Fortune
- Air France-KLM Q1 2024 results [Yahoo! Finance]Yahoo! Finance
- Air France-KLM reports worse than expected Q1 results as costs soar [Reuters]Reuters