Air France-KLM Booking Trends Likely in Focus After Positive Start to Year -- Market Talk

Dow Jones
04-30

0928 GMT - Air France-KLM booking trends into the second quarter are slightly lower at this stage than they were a year ago, Goodbody analyst Dudley Shanley writes in a research note. The Franco-Dutch carrier's North Atlantic load factors are currently 2 percentage points lower on year at 74%, while short- and medium-haul bookings are 1 percentage point lower at 63%. Long-haul flights are 3 percentage points down on year at 72%. The booking load factors come as the company's 328 million euros operating loss came ahead of Goodbody's expectations. "Despite the positive start of the year, we believe the focus today will be on management color regarding booking trends for the remaining of the year, namely on the evolution of the North Atlantic," Shanley says. Shares trade 2.8% higher at 7.68 euros. (pierre.bertrand@wsj.com)

 

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April 30, 2025 05:29 ET (09:29 GMT)

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