Air France-KLM Cancels Seven Routes Amid Valuation Debate (simplywall.st)

Air France-KLM will cancel flights to seven international destinations starting November 2026 due to high fuel costs and competition. The carrier trades at a P/E of 2.5x, significantly below the global airline average of 11.8x, while its share price has fallen 11.7% over the past month. Analysts note a potential 86% undervaluation based on peer comparisons, though discounted cash flow models suggest an even larger gap between the current €10.29 price and estimated fair value.