Underlying govt bond Over the midswaps,equivalent to 563.9 bps
PARIS (Reuters) - Air France will cancel 40 percent of medium-haul flights on Wednesday due to an air traffic controllers' strike, the domestic French network of Air France - KLM said on Tuesday.
LONDON, March 19 (IFR) - AirFrance- KLM is set to test how far investors are willing to go in their search for yield by offering a deeply subordinated bond from a cyclical industry, and on which coupon payments will be primarily based upon management's good faith.
* Air France tumbles after third profit warning (Recasts, adds details, quote)
Air France - KLM still maintains high costs compared with growing competitors.
* Air France pilots flying for Transavia can keep AF contract-deal
* Total passenger traffic down 15.9 pct in Sept vs year before
http://online.barrons.com/public/page/9_0210-investorsentimentreadings.html Bullish stories: Air France - KLM [AF.fr; pg 18]; #2 food retailer Kroger [ KR ; pg 23]; Cisco [ CSCO ; pg 24]; DRAM chips maker Micron
* Europe airlines squeezed by budget rivals, Gulf carriers
PARIS, Sept 16 (Reuters) - A pilots strike at Air France entered its second day on Tuesday, with the two sides apparently no closer to resolving a dispute over cost cuts that has forced the French...