Q1 2019 Air France KLM SA Earnings Call Transcript
Good day, and welcome to the Air France-KLM Q1 2019 Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Frédéric Gagey, Chief Financial Officer. Please go ahead, sir.
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Thank you. Good morning to everybody and thank you for attending this conference call of 2019 first quarter of the Air France-KLM Group. So I suppose you have the press in front of you. I propose to go to the first slide, which is just giving the global (inaudible) and what are the main returns from this first quarter.
I think that as everybody know, and following also some indication shared with the market by some of our colleagues, you know that we're a bit under pressure concerning the unit revenue, which is not a surprise for us as already in the last year presentation for the full year result, we had indicated to you that we're expecting a negative unit revenue for this first quarter due mainly to the relatively large development
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