Report
Olfa Taamallah ...
  • Yan Derocles

Air France-KLM : La saison hivernale s’annonce plus compliquée même si l’offre reste plus élevée que celle des pairs

>Un été finalement convenable… - Suite à un contact société, nous comprenons que la première moitié du T3, i.e. le pic de la saison estivale, s’est convenablement déroulée avec une offre globalement en ligne avec les dernières guidances (c-55% par rapport à 2019) et un yield satisfaisant. A l’image des pairs, la dégradation est cependant notable depuis la fin du mois d’août. Nous estimons que l’EBITDA cash pourrait ainsi être positif sur les deux premiers mois du T3 c...
Underlying
Air France-KLM SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

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