Air France-KLM Won't Revisit ITA Even as It Lauds Consolidation [BNN Bloomberg (Canada)]
AIR FRANCE-KLM ADS (AFLYY)
NASDAQ:AMEX Investor Relations:
airfranceklm.com/en/contacting-investor-relations-department
Company Research
Source: BNN Bloomberg
Italy is “a difficult market, when you look at the two airports, you look at Milan, you look at Rome, there's a lot of foreign competition in Milan,” Smith said in an interview with Bloomberg Television on Monday in Dubai at the IATA annual general meeting. “If there were a business case to be had, we would be pursuing it a lot harder.” Lufthansa's planned €325 million ($352 million) investment in ITA Airways has run into potential trouble as competition authorities seek remedies on routes that could derail the deal. Air France-KLM has owned stakes in the Italian carrier's predecessor at different points in the past, and Smith said on Monday that “neither one of them worked out.” “We looked at it a third time, we walked away from it,” Smith said, referring to Air France-KLM's decision not to pursue a possible ITA bid. Read More: Meloni Running Out of Time to Save Alitalia's Shaky Successor Smith reiterated his interest in airline consolidation to help carriers gain scale and
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
- TIBCO Accelerates Value Delivery with Launch of The New TIBCO Platform [Yahoo! Finance]Yahoo! Finance
- The New Terminal One at JFK and Air China Team Up to Elevate Travel Experience for Chinese Customers [Yahoo! Finance Canada]Yahoo! Finance Canada
- The New Terminal One at JFK and Air China Team Up to Elevate Travel Experience for Chinese Customers [Yahoo! Finance]Yahoo! Finance
- "Love at First Flight, since 1984" Sir Richard Branson Surprises Two Virgin Atlantic Founder Crew in Las Vegas Vow Renewal Ceremony Celebrating their Ruby Anniversary as the Airline Turns 40 [Yahoo! Finance Canada]Yahoo! Finance Canada
- "Love at First Flight, since 1984" Sir Richard Branson Surprises Two Virgin Atlantic Founder Crew in Las Vegas Vow Renewal Ceremony Celebrating their Ruby Anniversary as the Airline Turns 40 [Yahoo! Finance]Yahoo! Finance