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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Q2 2021 Air France KLM SA Earnings Call Transcript

Jul 30, 2021 / 06:30AM GMT
Release Date Price: €39.33 (-4.49%)
Operator

(technical difficulty) Please go ahead.

Benjamin M. Smith
Air France-KLM SA - CEO & Director

Good morning, everyone. First of all, thank you for your patience. We've had a technical issue here with our systems. I'm hoping it works right now. We are just going to do a quick little test.

Okay, so I'm here with Steven Zaat who, as you may know, took over for Frederic Gagey on July 1st as Group CFO. We are at the (inaudible) in Central Paris. I'd like to welcome you to the Air France-KLM's Q2 2021 Results Call.

Unfortunately, we are continuing to deal with the ongoing impacts from the COVID-19 crisis, with travel restrictions still enforced in many of our markets. However, we are seeing strong demand from our customers to travel when and where it is possible to fly. We are, therefore, optimistic when looking at the months ahead, and we expect a steady recovery when travel restrictions to and from our key markets are lifted. We are keenly waiting for the U.S. government to lift border restrictions on foreigners in a reciprocal manner to what

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