Last $10.31 USD
Change Today -0.28 / -2.64%
Volume 2.3K
AFLYY On Other Exchanges
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

air france-klm-adr (AFLYY) Snapshot

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04/4/14 - $16.25
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09/23/13 - $9.31
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air france-klm-adr (AFLYY) Details

Air France-KLM S.A. primarily provides passenger transportation services on scheduled flights. It operates through Passenger, Cargo, Maintenance, and Other segments. The company also offers freight transport services; and aeronautics maintenance services to other airlines and customers, as well as other air-transport-related activities, such as catering and charter services. In addition, it provides charter flights, as well as operates tours under the Transavia brand name. As of February 19, 2014, the company operated a fleet of 573 aircrafts that serve 253 destinations in 105 countries worldwide. Air France-KLM S.A. was founded in 1919 and is headquartered in Paris, France.

94,685 Employees
Last Reported Date: 08/4/14
Founded in 1919

air france-klm-adr (AFLYY) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: €375.0K
Compensation as of Fiscal Year 2013.

air france-klm-adr (AFLYY) Key Developments

Air France Strike Expected to Enter Second Week

A strike by Air France pilots entered its fifth day, and is expected to continue until September 26. Air France noted that flights operated by other airlines, such as HOP, KLM and Delta, were not affected by the ongoing pilots' strike. The strike, which began on September 15, 2014, is over plans by Air France-KLM, the Air France parent group, to expand its Transavia airline specializing in low-cost flights. To pilots, the move means renegotiated contracts with lower pay and longer hours. The major pilots' union has called for a weeklong strike.

Air France Expands Codeshare Agreement with Alitalia

Air France has extended its codeshare agreement with Alitalia to add the majority of the latter's routes to North America. Following the agreement, Air France s flight code has now been added to Alitalia's routes from Rome to Boston; Chicago; Los Angeles; Miami and Toronto.

Air France Strike Sparks Travel Chaos

Air France was set to scrap at least half its flights on September 15, 2014 as pilots began a strike against the company's plan to develop its low-cost subsidiary. Several passengers were stranded as the week-long strike kicked off, sparking outrage among weary travellers such as Jean-Marc Ragot, who arrived from Nairobi to Paris to find his connecting flight to the eastern French city of Lyon cancelled. Air France said it had sent 65,000 text messages to passengers affected by the strike and deployed some 7,000 extra workers to help stranded customers. Carlos Gomez received such a message but turned up at Paris's main airport despite all flights to the German city being scrapped. But a pilots' union warned that 8 out of 10 flights could be cancelled as the strike continued later into the week. The main pilots' union at Air France (SNPL) has called for a week-long strike, which would be the longest at the company since 1998. The company urged "customers who have booked a flight between September 15 and 22 to delay their trip, change their ticket free of charge or claim a refund." Labour unions fear that expanding Air France's low-cost operation Transavia will lead to "jobs being outsourced" and "social dumping" with pilots being employed on local contracts. The company said: If the strike continues beyond September 15, the flight schedule will be modified as a result. The knock-on effects will be communicated to passengers the day before they are due to leave.


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Price/Sales 0.1x
Price/Book 2.2x
Price/Cash Flow 54.0x
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