Air France-KLM has 6 bln euros in cash, will need state support soon -newspaper [Reuters]
AIR FRANCE-KLM ADS (AFLYY)
NASDAQ:AMEX Investor Relations:
airfranceklm.com/en/contacting-investor-relations-department
Company Research
Source: Reuters
Air France-KLM has 6 bln euros in cash, will need state support soon -newspaper PARIS, April 6 (Reuters) - Air France-KLM SA has 6 billion euros in cash at hand, Anne Rigail, chief executive of Air France told French newspaper Le Figaro, adding that state support from the French and Dutch governments would be needed soon in order to keep the airline afloat. Air France-KLM executives have been in talks with the two states, each owns 14% of Air France-KLM, to discuss what form this state support could take, Rigail said. “The discussions are ongoing...The group has some 6 billion euros of cash, but we will need financial support soon,” she added in an interview published on Monday, declining to comment further to the newspaper. Air France-KLM was not immediately available for comment outside normal business hours. Air France-KLM is in talks with banks to receive up to 6 billion euros ($6.5 billion) in loans guaranteed by the French and Dutch governments, as the airline group braces for a
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
- British Airways Owner IAG Bucks Tough Year for Airline Stocks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Air France expands network with 3 weekly non-stop flight between Manila and Paris [Yahoo! Finance Canada]Yahoo! Finance Canada
- Air France expands network with 3 weekly non-stop flight between Manila and Paris [Yahoo! Finance]Yahoo! Finance
- Air France-KLM upbeat on Brazil in 2025 after year of expansion [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dutch airport Schiphol capped at 478,000 flights per year to reduce noise [Yahoo! Finance Canada]Yahoo! Finance Canada