Air France-KLM (XPAR:AF)
€ 8.084 -0.04 (-0.49%) Market Cap: 2.12 Bil Enterprise Value: 11.09 Bil PE Ratio: 41.94 PB Ratio: 0 GF Score: 68/100
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Air France KLM SA Annual Shareholders Meeting Transcript

May 24, 2022 / 12:30PM GMT
Release Date Price: €17.4 (-20.63%)
Clive Christopher Roger Bannister
Rathbones Group Plc - Independent Non-Executive Chairman

Good afternoon. We are extremely delighted to see you again in person after 2 shareholders' meetings which were held behind closed doors because of the pandemic. We wanted to welcome you here as close as possible to our aircraft on the Roissy Charles de Gaulle hub, 1 of the 3 beating hearts of the group's operations, along with Orly and Schiphol.

For all airlines, 2021 will go down in history as a second challenging year in a row. Large-scale vaccination campaigns and the gradual reopening of borders in many countries did not prevent the pandemic from continuing to weigh heavily on air traffic last year, especially on long-haul flights. Despite this, as in 2020, the Air France-KLM Group has shown resilience, strength, imagination and enthusiasm.

In these difficult times, the teams at Air France, KLM, Transavia and all the other group businesses, notably maintenance and cargo, have been more united and mobilized than ever, putting all their energy into overcoming the difficulties. In a way, we are

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