Air France-KLM : Restructuring components falling into place
>Restructuring of the domestic network and development of Transavia at the heart of the strategy… - We accompanied management on a road show, enlivened by the latest developments, in London. Beyond the questions relating to the Dutch state’s surprise acquisition of a stake in the capital (see Equity Flash of 28 February), the equity story remains one of restructuring, mainly to be conducted on the Air France side. Management will unveil the details of its plan at an I...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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