Air France-KLM : A more peaceful journey
Publication date: 26/08/2019 08:17 - Date of preparation: 23/08/2019 17:24 - - - - / - - - Equity data - Reco : Buy - Target : 12 EUR - Equity analyst: Yan Derocles - - 57 - - Corporate Governance: Moderate risk (3) - / - / - - - - Romain BRIAT - ESG/Fixed Income Analyst Apprentice - +33 (0)1 44 51 82 16 - - - - - We reiterate our Stable Credit Opinion on Air France-KLM. After considerable debt reduction efforts until 2017, the grou...Air France-KLM is a holding company. Through its subsidiaries, Co. is engaged in transporting passengers and cargo, aeronautics maintenance and other air-transport related activities, including catering and charter services. Co. operates in six geographical regions: Metropolitan France; Europe (except France) and North Africa; Caribbean, French Guiana and Indian Ocean; Africa, Middle East; Americas, Polynesia; and Asia and New Caledonia. Co. organizes its business around the following four segments: Passenger, providing passenger transportation services on scheduled flights; Cargo, transporting freight on flights and selling cargo capacity to third parties; Maintenance, and Other activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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