Air France-KLM (LTS:0LN7)
€ 8.092 0.037 (0.46%) Market Cap: 2.12 Bil Enterprise Value: 11.09 Bil PE Ratio: 42.13 PB Ratio: 0 GF Score: 60/100
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Q1 2019 Air France KLM SA Earnings Call Transcript

May 03, 2019 / 06:30AM GMT
Release Date Price: €96.11 (-5.96%)
Operator

Good day, and welcome to the Air France-KLM Q1 2019 Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Frédéric Gagey, Chief Financial Officer. Please go ahead, sir.

FrÃ;dÃ;ric N. P. P. Gagey
Air France-KLM SA - CFO

©© -

Thank you. Good morning to everybody and thank you for attending this conference call of 2019 first quarter of the Air France-KLM Group. So I suppose you have the press in front of you. I propose to go to the first slide, which is just giving the global (inaudible) and what are the main returns from this first quarter.

I think that as everybody know, and following also some indication shared with the market by some of our colleagues, you know that we're a bit under pressure concerning the unit revenue, which is not a surprise for us as already in the last year presentation for the full year result, we had indicated to you that we're expecting a negative unit revenue for this first quarter due mainly to the relatively large development

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