Air France-KLM : Conference call feedback: implications and opportunities from the crisis
>Not expected to return to pre-crisis levels for at least two years - Yesterday, we organised a conference call with the CEO and CFO to take stock of the current situation. With less than 5% of the activity expected prior to the crisis currently being achieved (mainly cargo and repatriation flights), the company expects a very gradual recovery with only 30-40% of the flight programme delivered in July, 50% in August and September and a maximum of 60-70% for the follow...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.
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