Air France-KLM : Improved relative resilience of operations offers leverage for the summer season
>Yield and return of capacity drives Q2 - Despite headwinds, we expect a good set of Q2 2022 results (publication 29 July) with adjusted EBIT of € 193m (+€ 945m vs Q2 2021 and +€ 543m on a sequential basis) for revenue of € 6,320m. This recovery is notably due to i/ a return of capacity to 80% of the 2019 level for Network and close to 110% for Transavia. Despite disruption at Amsterdam and the recent strikes in Paris (fire service, ADP, baggage handlers, etc.), we th...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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