Strikes hit Lufthansa profits, Olympics dent Air France [Yahoo! Finance]
AIR FRANCE-KLM ADS (AFLYY)
NASDAQ:AMEX Investor Relations:
airfranceklm.com/en/contacting-investor-relations-department
Company Research
Source: Yahoo! Finance
German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delays in aircraft deliveries, but vowed a turnaround plan will boost earnings this year. European rival Air France-KLM also reported a big drop in its annual net income as some tourists avoided Paris during the Olympic Games last summer. Lufthansa reported a net profit of 1.38 billion euros ($1.49 billion) last year, down 18 percent from 2023. Revenue rose slightly to 37.6 billion euros. "Strikes weighed on the passenger airlines," Lufthansa said in a statement. It also pointed to problems caused by "significantly higher costs, especially in Germany" as well as "further delays in aircraft deliveries". The result was nevertheless better than a forecast of just over one billion euros by analysts surveyed by the financial data firm FactSet. It came after a two-year streak of improving earnings for one of Europe's biggest aviation groups, whose carr
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
- The New Terminal One at JFK Welcomes Azores Airlines as Newest Airline Partner [Yahoo! Finance]Yahoo! Finance
- Rat on a plane: Stowaway critter found in cabin cancels flight [USA TODAY]USA TODAY
- Air France-KLM (OTCMKTS:AFLYY) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Air France-KLM: Mixed Q3, 2026 Visibility Still Cloudy [Seeking Alpha]Seeking Alpha
- Air France-KLM (OTCMKTS:AFLYY) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.MarketBeat