What is the debt to equity ratio of Air France-KLM?
What is the debt to equity ratio of Air France-KLM? Air France-KLM Debt to Equity Ratio: -1.866 for June 30, 2023.
Is Air France KLM profitable?
Excluding special items, IAG reported an operating profit of €1.745 billion ($1.853 billion) with an operating margin of 20.2 percent, while Air France-KLM said it made €1.3 billion in operating profit with an operating margin of 15.5 percent.
Was the Air France-KLM merger successful or failure?
The offer was successful as 89.2% of the shares were tendered by KLM shareholders. The merger gave birth to the world's largest airline company,5 called Air France-KLM. Analysts termed the merger 'unique. ' Despite the union, both companies would keep their brands alive by flying their planes in their respective names.
Is Air France a high end airline?
On Wednesday 20 September 2023, at the APEX/IFSA Awards ceremony, Air France was certified for the second consecutive year as a 5-star airline in the official 2024 APEX airline ratings.
Which airlines have the most debt?
Since its U.S. Airways tie-up that in 2013 created the world's biggest carrier, American has been both the least lucrative of the four majors, and accumulated the most debt. And the combination limits its ability to reduce the big pile of borrowings.
Is Air France-KLM a good stock?
AIR France - KLM's analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.
How is KLM ranked?
KLM Royal Dutch Airlines is Certified as a 4-Star Airline for the quality of its airport and onboard product and staff service. Product rating includes seats, amenities, food & beverages, IFE, cleanliness etc, and service rating is for both cabin staff and ground staff.