Air France-KLM’s stock has surged exceptionally this year, with the airline offering returns to investors exceeding nearly 40%. Financial performance remains volatile, with losses over the last 3-5 years, and prices falling more than 12% over the course of the past month. Many industry analysts have argued that the company is highly undervalued, even in the wake of the company’s continued outperformance in premium markets.
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Global Airlines’ Founder’s 2021 Beef With Air France
- Guest authors
- July 9, 2025
- 0
This isn’t exactly new news, as the actual event took place in 2021. However, It’s one of those interesting stories that we’ve been wanting to share with you for awhile now but other, more timely news has gotten in the way. It has to do with the founder and CEO of Global Airlines – James Asquith. Apparently, a few years ago, Asquith claimed that Air France was deliberately selling “fake” first class tickets and then downgrading passengers who purchased them to business class.