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<item><link>http://www.alacrastore.com/storecontent/cs/73104</link><guid isPermaLink="false">cs/73104</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> European Airline July Traffic: Oil Retreats, but not Capacity The sluggish economic backdrop is weighing on non premium air travel, but demand for premium service remains stable as overall traffic numbers continue to grow.

Higher fares...</description><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>8/12/2008 8:05:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Fuel may have started to retreat but the airlines are still under pressure to cut costs, manage capacity and raise prices.</cs:abstract><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:csid xmlns:cs="http://www.alacra.com/cs">73104</cs:csid><title>European Airline July Traffic: Oil Retreats, but not Capacity</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1221</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1449</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">694</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1274</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">658</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:docid xmlns:cs="http://www.alacra.com/cs">73104</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/72759</link><guid isPermaLink="false">cs/72759</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Air France-KLM #Q##: Weaker Profits, Resilient Demand Air France-KLM reported passenger revenue growth of #.#% on traffic growth of #.#%.

Capacity grew by #.#%, outpacing traffic growth and driving the load factor lower to ##.#%.
...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">72759</cs:csid><title>Air France-KLM 1Q09: Weaker Profits, Resilient Demand</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">646</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">68</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Industrials/Consumer</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">54</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Euro Markets Issuers</cs:tw><pubDate>8/5/2008 11:05:04 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Air France-KLM 1Q09 results evidence the usual margin pressure from fuel costs but also the benefits from hedging and cost cutting efforts.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">72759</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1917604</link><guid isPermaLink="false">ccbn/T1917604</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good afternoon, ladies and gentlemen, and welcome to the Air France-KLM First Quarter Results Conference Call. At this time, all participants are in listen-only mode, until we conduct a question and answer session, and instructions will be given at that time.(OPERATOR INSTRUCTIONS) And just to remind you, this conference call is being recorded. I would now like to hand over to the chairperson, Pierre-Henri Gourgeon. Please begin your meeting, and I will be standing by. ...

</description><pubDate>8/5/2008 2:22:54 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Air France-KLM</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008/2009 Air France-KLM Earnings Conference Call (English) Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AF.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Q1 2008/2009 Air France-KLM Earnings Conference Call (English) Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1917604</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/ACT-0001-27173007</link><guid isPermaLink="false">newstex/ACT-0001-27173007</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Aug. #, #### (Action Economics delivered by Newstex) -- European SessionEuropean debt futures have moved into the black after a good Gilt auction and supported by mostly bond friendly data (see below) after initially being weighed down...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017002</newstex:cat><pubDate>8/5/2008 9:21:03 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18005000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Action Economics A.M.</newstex:Publication><title>Fixed Income Overnight</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">ACT-0001-27173007</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AIR FRANCE-KLM</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AIR FRANCE-KLM AMERICAN DEPOSITARY</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">BP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">SOCIETE GENERALE</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AFLYY</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AKH WS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">BP'U</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">SCREF</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/ACT-0005-27164902</link><guid isPermaLink="false">newstex/ACT-0005-27164902</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Aug. #, #### (Action Economics delivered by Newstex) -- Action Alerts


Trading Strategy









[## Year Bund]  Continued higher Monday.  The Bund has returned to the ##-Jul ###.## peak.  A sustained break will be another bullish...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017002</newstex:cat><pubDate>8/5/2008 3:21:00 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18005000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19003000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Fixed Income Trader</newstex:Publication><title>European Front Page - Fixed Income Trader - Action Economics</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">ACT-0005-27164902</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AIR FRANCE-KLM</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AIR FRANCE-KLM AMERICAN DEPOSITARY</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">BP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">SOCIETE GENERALE</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AFLYY</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AKH WS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">BP'U</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">SCREF</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/71631</link><guid isPermaLink="false">cs/71631</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> European Airlines June Traffic: Another Month of Traffic Growth Air France-KLM and Lufthansa are among a group of European airlines reporting solid traffic growth, highlighting the resilience in demand for air travel.

However, load...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">71631</cs:csid><title>European Airlines June Traffic: Another Month of Traffic Growth</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">912</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1274</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">694</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">658</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">54</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Euro Markets Issuers</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>7/14/2008 10:05:37 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Once again, European airline monthly traffic evidenced the resilience in demand for air travel, as well as the need to reign in capacity growth.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">71631</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26265848</link><guid isPermaLink="false">newstex/PRN-0005-26265848</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> WASHINGTON, Jun. ##, #### (PRNewswire-USNewswire delivered by Newstex) -- Major international airlines -- Societe Air France (Air France), Cathay Pacific Airways Limited (Cathay), Koninklijke Luchtvaart Maatschappij N.V. 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FRANCE-KLM</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">AIR FRANCE-KLM AMERICAN DEPOSITARY</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AFLYY</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">AKH WS</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/70487</link><guid isPermaLink="false">cs/70487</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> European Airlines May Traffic: Holding the Line on Demand BAY reported a slight decline in traffic, but LHA and AF-KLM reported further traffic growth, as did SAS and AERL, evidencing that demand remains solid despite the headwinds...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">70487</cs:csid><title>European Airlines May Traffic: 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Yield</cs:tw><pubDate>6/11/2008 1:06:00 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">While the airline sector struggles with oil over $130 per barrel, demand is holding the line, leaving it up to the airlines to raise prices and test the upper limits of elasticity.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">70487</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/69681</link><guid isPermaLink="false">cs/69681</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Air France-KLM #Q##: More Pain on the Way Air France-KLM reported a fourth quarter operating loss of â‚¬## million, but the more onerous outlook due to rising fuel costs and downward pressure on demand has the global airline sector...</description><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Air France-KLM reported an operating profit in the red for the fourth quarter, but more onerous was the gloomy outlook for demand and higher cost of fuel that will only continue to erode airline profits.</cs:abstract><cs:csid xmlns:cs="http://www.alacra.com/cs">69681</cs:csid><title>Air France-KLM 4Q08: More Pain on the Way</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1177</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">694</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">68</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Industrials/Consumer</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">54</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Euro Markets Issuers</cs:tw><pubDate>5/22/2008 10:05:00 PM</pubDate><cs:docid xmlns:cs="http://www.alacra.com/cs">69681</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1858951</link><guid isPermaLink="false">ccbn/T1858951</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>... - Air France-KLM -  Chairman and CEO (interpreted) I'd like to thank you all for joining us with this presentation of Air France-KLM results for the ####-#### fiscal year.  I'd also like to greet those people who are watching us either online or by telephone conference. If they want, just like we do with every one of our presentations, these people can also ask us questions, and we'll do our best to answer them. I think we need to push the button now? Okay. As usual, I'll do a quick introduction. Then Pierre-Henri Gourgeon will present our activities. Philippe Calavia will talk about the results. Then Peter Hartman will join myself in talking about our strategy and our outlook for the future, particularly for ####-####. Finally, if you have any questions, we'll do our best to answer them. Now, before I hand it over to Pierre-Henri Gourgeon, I would like to tell you about the highlights of this fiscal year, which are written up on the screen. Obviously, I don't need to comment on all of...

</description><pubDate>5/22/2008 7:05:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Air France-KLM</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q4 2007 Air France-KLM Earnings Presentation &amp; Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AF.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">3:00pm CET</ccbn:time><title>Q4 2007 Air France-KLM Earnings Presentation &amp; Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1858951</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/69239</link><guid isPermaLink="false">cs/69239</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> European Airlines April Traffic: Expansion Cuts into Load Factors Capacity growth at Lufthansa and Air France-KLM outstripped traffic growth as April load factors ended down year over year.

British Airways suffered further declines...</description><cs:company xmlns:cs="http://www.alacra.com/cs">646</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">54</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Euro Markets Issuers</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>5/13/2008 9:06:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Open Skies and high fuel costs may be major drivers behind the evolving airline sector, but the ramp up in capacity and challenging environment are leaving more planes with more empty seats.</cs:abstract><cs:csid xmlns:cs="http://www.alacra.com/cs">69239</cs:csid><title>European Airlines April Traffic: Expansion Cuts into Load Factors</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1106</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">658</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1274</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">694</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:docid xmlns:cs="http://www.alacra.com/cs">69239</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/66537</link><guid isPermaLink="false">cs/66537</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> AF-KLM: Alitalia Accepts Offer, But Will Government, Unions Fall In Line? Alitalia's Board of Directors accepted the offer from Air France-KLM, which is only the latest step in a long road toward closing the transaction.

AF-KLM still...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">66537</cs:csid><title>AF-KLM: Alitalia Accepts Offer, But Will Government, Unions Fall In Line?</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">961</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">646</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">694</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">34</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Companies with Convertibles</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">54</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Euro Markets Issuers</cs:tw><pubDate>3/17/2008 12:06:00 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Alitalia accepted AF-KLM's offer, but closing the transaction, never mind restructuring the struggling Italian carrier should the deal go through, will not be easy.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">66537</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/66464</link><guid isPermaLink="false">cs/66464</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> European Airlines February Traffic: LHA Continues to Shine Air France-KLM and Ryanair reported familiar results for February, extending the trend of positive traffic growth on top of deterioration in the load factor.

Meanwhile Lufthansa...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">66464</cs:csid><title>European Airlines February Traffic: LHA Continues to Shine</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1230</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1449</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1274</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">658</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1294</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">53</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>3/13/2008 11:06:39 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Traffic growth provides some level of encouragement in the face of growing economic uncertainties, but the focus on operating performance will anchor the airlines against the headwinds out on the horizon.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">66464</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1765310</link><guid isPermaLink="false">ccbn/T1765310</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>Q# ####/####  Air France-KLM Earnings Conference Call (English)</description><pubDate>2/14/2008 11:05:38 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Air France-KLM</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q3 2007/2008  Air France-KLM Earnings Conference Call (English) Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AF.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Q3 2007/2008  Air France-KLM Earnings Conference Call (English) Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1765310</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1690843</link><guid isPermaLink="false">ccbn/T1690843</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>12/31/2007 5:21:16 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Air France-KLM</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Interim 2007 Air France-KLM Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">AF.PA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">3:00pm CET</ccbn:time><title>Interim 2007 Air France-KLM Earnings Conference Call Transcript</title><description>... - Air France-KLM -  Chairman and CEO (Interpreted). So I suggest that we start this presentation regarding the Air France and KLM results for the first half, for the year.  I will make a quick introduction and then Peter Hartman will present the Air France and KLM activities in the first half, Philippe Calavia the results, and I will make a conclusion on a number of topical issues. Before we start, I would like to thank those who have joined us here despite the problems of circulating in Paris. I would like to thank those who have been following us on the phone and those on the web. Certainly, as with every one of our conferences, they will be able to put questions to us that will be sent to us. My introduction will be quite short. We'll start off with the highlights for the half of the year. Good growth of the global economy throughout the first half. Also, it was sustained even after the subprime crisis early July #### which generated, in particular, passenger business which was very...

</description><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1690843</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item></channel></rss>