Air France-KLM, one of the largest airliners in Europe, saw its stock prices decrease significantly in early March 2020, falling by over 50 percent between February and March, 2020. This was due to an unexpected decrease in oil prices, as announced by Saudi Arabia over a dispute with Russia. Indirectly, this dispute was caused by the outbreak of the coronavirus as this lead to lower consumer demand for fuel (for example, due to a lower inclination to travel by plane). As of January 10, 2023 the Air France-KLM stock price was sitting at 1.37 euros, less than half of the value seen in early 2020.
Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros)
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Euronext Amsterdam. (January 10, 2023). Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros) [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/
Euronext Amsterdam. "Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros)." Chart. January 10, 2023. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/
Euronext Amsterdam. (2023). Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros). Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/
Euronext Amsterdam. "Stock Price of Air France-klm at Euronext Paris from August 2019 to January 2023 (in Euros)." Statista, Statista Inc., 10 Jan 2023, https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/
Euronext Amsterdam, Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros) Statista, https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/ (last visited June 17, 2024)
Stock price of Air France-KLM at Euronext Paris from August 2019 to January 2023 (in euros) [Graph], Euronext Amsterdam, January 10, 2023. [Online]. Available: https://www.statista.com/statistics/1103437/air-france-klm-daily-stock-price-at-euronext-paris/