New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:16 EDTAFLYYAir France-KLM says it's not buying Alitalia, Reuters reports
Air France-KLM (AFLYY) denied a report in Il Messaggero that it was in advanced talks to buy out Italian investors in Alitalia and take control of the airline, reports Reuters. The paper reported that Air France-KLM, which has held 25% of Alitalia since January 2009, would offer remaining shareholders a 20% premium on what they paid in 2008. Reference Link
News For AFLYY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
06:44 EDTAFLYYAir France strike ceases, carrier to progress Transavia brand, Reuters says
Subscribe for More Information
September 26, 2014
10:01 EDTAFLYYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Market Perform from Outperform at FBR Capital... Air France-KLM (AFLYY) downgraded to Underperform from Hold at Jefferies... Beacon Roofing (BECN) downgraded at Longbow... China Unicom (CHU) downgraded to Hold from Buy at Deutsche Bank... Erickson (EAC) downgraded at Stifel... H.B. Fuller (FUL) downgraded to Neutral from Overweight at Piper Jaffray... Philip Morris (PM) downgraded at BofA/Merrill... Seadrill (SDRL) downgraded to Sell from Neutral at Goldman... Starwood Property (STWD) downgraded to Neutral from Buy at Compass Point... Steel Dynamics (STLD) resumed with a Neutral from Buy at Citigroup... Vale (VALE) downgraded to Neutral from Buy at Citigroup.
07:51 EDTAFLYYAir France calls on striking pilots to resume work
Subscribe for More Information
05:35 EDTAFLYYAir France-KLM downgraded to Underperform from Hold at Jefferies
Subscribe for More Information
September 25, 2014
06:58 EDTAFLYYAir France cancels Transavia project to end strike, Reuters says
Subscribe for More Information
September 24, 2014
13:38 EDTAFLYYAir France says only planning to 'suspend' Transavia project, BBC says
Despite comments earlier from French Transport Secretary Alain Vidalies regarding Air France calling-off its plans to broaden its Transavia division, the airline company said that the announcement was "premature" and it had only motioned to suspend the project, according to BBC, citing comments from an Air France spokesman. The spokesman noted that the airline plans to reignite discussions with striking pilots over wages and conditions. Reference Link
06:37 EDTAFLYYMinister says Air France Transavia project called-off, Reuters says
France's Transport Minister Alain Vidalies said that Air France has called-off its plans to broaden its low-cost Transavia division due to the mounting pressure from a pilot's union strike, according to Reuters, citing comments from Vidalies. The move goes further than the project suspension that the airline's management initially sought. Reference Link
September 23, 2014
06:39 EDTAFLYYAir France head feels demonstrations could ruin project, Reuters says
Subscribe for More Information
September 22, 2014
11:55 EDTAFLYYSNPL union aims to maintain demonstrations vs. Air France, Reuters says
Subscribe for More Information
11:45 EDTAFLYYUnions decline Air France proposal, strike presses on, Reuters says
Subscribe for More Information
11:38 EDTAFLYYAir France aims to end strike, pace up Transavia development
Subscribe for More Information
06:32 EDTAFLYYAir France head proposes to delay project to halt strike, Reuters says
In an effort to end the week-long pilots strike, French newspaper Le Monde Daily reported that Air France head Alexandre de Juniac proposed to delay the launch of its low-cost European operation until the end of FY14, according to Reuters, citing comments from de Juniac in the report. The demonstrations have cost the airline millions of euros daily. Reference Link
September 19, 2014
13:59 EDTAFLYYAir France pilots prolong strike to September 26, WSJ says
Pilots working for Air France's French division prolonged their strike until September 26, according to The Wall Street Journal, citing company officials. The demonstration has cost the company between EUR10M-EUR15M per day, ultimately forcing the airline to cancel nearly 60% of its flights since September 15. Reference Link
September 18, 2014
06:33 EDTAFLYYAir France pilots continue strike which started September 15, Reuters says
Air France pilots have maintained their stance in a disagreement regarding cost reductions by continuing their strike, which originally started four days ago, according to Reuters, citing comments from Air France CEO Alexandre de Juniac. The airline has been forced to cancel close to 60% of its flights due to the demonstration. Juniac said, "I am asking the pilots: come on board with us. Negotiations are not over, we are starting again this." Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use