Q4 2018 Air France KLM SA Earnings Call Transcript

Feb 20, 2019 / 07:30AM GMT
Benjamin M. Smith - Air France-KLM SA - CEO & Director

Okay, well, good morning. I'm here with Frédéric Gagey, and we are very pleased to welcome you to this presentation of Air France-KLM's 2018 Annual Results.

It's a first for me. Before we start, I would like to reiterate how happy and proud I am to lead a group like Air France-KLM with 3 strong brands and over 88,000 passionate, dedicated and talented team members. As you can see, we have redesigned and revamped the group's logo to embody the new dynamic we want to drive.

I'll now hand it over to Frédéric Gagey, who will run you through the results.

Fré©ric N. P. P. Gagey - Air France-KLM SA - CFO

Thank you, Ben, and hello to everybody. So I propose to go through this short presentation about the result of the last quarter 2018, plus, of course, the full year 2018. What to say about the full year result? Let us say that the resilience, you know that the beginning of the year has been difficult with the social crisis; in Air France, the departure

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