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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Q1 2023 Air France KLM SA Earnings Call Transcript

May 05, 2023 / 06:15AM GMT
Release Date Price: €14.58 (-2.61%)
Operator

Good day, and welcome to the Air France-KLM First Quarter 2023 Results Presentation Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Ben Smith, CEO; and Steven Zaat, CFO. Please go ahead, gentlemen.

We are unable to hear the speakers.

(technical difficulty)

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

Here at our headquarters in Central Paris. As usual, I'll start by presenting this quarter's highlights, then I will give the floor over to Steven for a detailed presentation of our results and the outlook for the coming quarters. I'll conclude the presentation and open the Q&A session.

First of all, I'd like to thank all my colleagues around the world. They have worked tirelessly throughout the quarter to ensure we continue on our path to sustained profitability.

Now moving on to Slide 3. In the first quarter of 2023, Air France-KLM enjoyed positive commercial momentum as the airline industry continued to recover. Compared to the same quarter in

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