AIR France - KLM

AF

Equity

ISIN FR001400J770 / Valor 128198223

Euronext - Euronext Paris (2026-05-28)

EUR 11.51+0.39%

AIR France - KLM
UMushroom community rating:

3.67 3 votes No rating yet

NegativeNeutralPositive

About company

Air France-KLM is a major European airline group formed by the merger of Air France and KLM Royal Dutch Airlines, with operations primarily in France and the Netherlands. The Group operates a comprehensive network of over 300 destinations worldwide through its main airlines, Air France, KLM, and the low-cost carrier Transavia. In 2023, Air France-KLM reported consolidated revenues of €30 billion, reflecting a 13.7% increase from the previous year. The Group is actively investing in fleet modernization to enhance customer comfort and reduce its environmental impact, with a focus on acquiring cleaner and more fuel-efficient aircraft. This strategy aligns with its broader goal of achieving net zero emissions by 2050. Additionally, Air France-KLM is a leading user of Sustainable Aviation Fuel (SAF) and is involved in initiatives to support the development of the SAF industry, particularly in France. The Group's capital expenditure for 2023 was €3,551 million, with proceeds from asset disposals amounting to €867 million.

Summarized from source with an LLMView SourceSector: Consumer Services