Report
Delphine Chauvin

Air France-KLM : Un voyage plus serein

Nous conservons un Avis Crédit Stable sur Air France-KLM. Après d’importants efforts de désendettement jusqu’en 2017, le groupe a retrouvé une situation financière suffisamment confortable et a recommencé à investir, tout en s’engageant à conserver des ratios d’endettement globalement stables. Si les conditions de marché venaient à se détériorer davantage par rapport aux prévisions actuelles, le groupe a encore suffisamment d’options pour protéger sa situation financière, notamme...
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
Delphine Chauvin

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