Air France sources EUR1 billion credit line
Societe Air France has mandated Bank of Tokyo Mitsubishi-UFJ, BNP Paribas, Credit Agricole CIB, Credit Mutuel CIC, HSBC France, Natixis, Royal Bank of Scotland and Societe Generale SA to arrange the facility. Shares in Air France-KLM finished 1.9% lower on Friday.
airberlin has announced it expects to return to profitable operation in 2012 "at the latest", as its benefits from its entry into the oneworld alliance. The company is in talks with candidates who could fill a new post on its management board and may consider hiring people from outside Germany for the position. airberlin shares dropped 1.5% at the end of the week.
easyJet reported the following traffic highlights in Feb-2011:
- Passenger numbers: 3.8 million, +13.1% year-on-year;
- Passenger load factor: 86.4%, +1.1 ppts.
Selected EAD daily share price movements (% change): 04-Mar-2011