Air France-KLM
AF: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.d^ | LOCK|BW | LOCK|?BD>Qg> |
Air France-KLM Earnings: Shares Drop 13% as Softer Demand and Weaker Load Factors Pressure Margins
Air France-KLM posted mixed results. Revenue rose 3% to EUR 9.2 billion and operating income to EUR 1.2 billion, but net profit fell 6% to EUR 730 million as soft yields and weaker load factors hurt margins. Capacity grew 5.1% versus 4.5% traffic, with the load factor and unit revenue down 0.5%.
