Q2 2019 Air France KLM SA Earnings Call Transcript
Good day, and welcome to the HY 2019 Air France-KLM Conference Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Mr. Ben Smith, CEO, Air France-KLM; and Mr. Frédéric Gagey, CFO, Air France-KLM. Please go ahead.
Good morning, ladies and gentlemen. I am here today with Frédéric Gagey, and we are very pleased to welcome you to this presentation of Air France-KLM's 2019 first half results. Firstly, thank you for joining the call and for your flexibility on the change in schedule. I'm going to share with you a number of strategic decisions contributing to the simplification and modernization of our fleet.
First, a few comments about our group's activity in the second quarter of 2019. So within a challenging environment, owing to the current geopolitical tensions and economic uncertainties, Air France-KLM posted a robust second quarter with a 5.1% increase in passenger numbers and a 0.9% improvement (sic - see slide 2, "0.8%") in
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