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Stock Market & Financial Investment News

News Breaks
January 21, 2013
19:30 EDTAFLYYAir France-KLM upgraded to Neutral from Underperform at Credit Suisse
News For AFLYY From The Last 14 Days
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August 21, 2015
06:03 EDTAFLYYAir France-KLM to grow French, Dutch budget carriers, WSJ reports
Air France-KLM is set to grow its existing French and Dutch budget carriers to counter rising low-cost competition in Europe, The Wall Street Journal reports, citing comments made in an interview by Air France-KLM's low-cost airline says Transavia's CEO, Matthijs ten Brink.Reference Link
August 16, 2015
12:48 EDTAFLYYIAG could rise 30% in 12 months, Barron's says
British Airways (BAIRY) parent IAG (ICAGY) is "the strongest of the major European airlines" and its London-based shares could gain 30% in the next 12 months, Barron's contends in a feature article. Note that IAG's American depositary receipts recently traded at $42.74. Barron's adds that Lufthansa (DLAKY) and Air France-KLM (AFLYY) are "struggling to implement restructuring plans," leaving IAG free to tighten its grip on the European market as its fuel hedges unwind. Reference Link

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