Report
Florian Béchaz
EUR 1000.00 For Business Accounts Only

Air France-KLM - Assemblée Générale du 26 mai 2020

Proxinvest attire l’attention des actionnaires sur cette année compliquée pour Air France-KLM. En effet, la société a noté une réduction de 50,6% du trafic en mars 2020, suit à la crise du Covid-19 (/fr/system/files/traffic_march20_vf_vdef.pdf).

Suite à cela, de nombreuses mesures ont été prises. En effet en France, le chômage partiel a été mis en place. Dans cette période, la société annoncé avoir signée un accord de financement pour un totale de 7 milliards d’euros (/fr/system/files/press_release_signing_of_financing_vf.pdf)

Par ailleurs, Benjamin Smith, le directeur Général, a indiqué réduire sa rémunération pour 2020 (/fr/system/files/press_release_signing_of_financing_vf.pdf). De ce fait Proxinvest soutient cette nouvelle politique et donc recommande l’approbation à la résolution 16.

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
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

Proxinvest main services are :

  • ​Proxy reports
  • Definition and monitoring of client customized voting guidelines
  • Corporate Governance Data and Rating
  • Thematic research
  • Engagement support

Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.

Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.

As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide. 

Analysts
Florian Béchaz

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