Seeking Alpha

Air France-KLM (AFLYY.PK) lost €809M ($1.06B) during 2011 due to high fuel prices and reduced...

Air France-KLM (AFLYY.PK) lost €809M ($1.06B) during 2011 due to high fuel prices and reduced fares, blowing through the estimate by analysts for a loss of €669M by the carrier. The company will only lift capacity by at most 2% and reign in spending over the next 3 years, according to execs. Shares +0.9% in Paris trading, -63% over 52-weeks.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|