Air France-KLM (XTER:AFR0)

€ 9.592 0.014 (0.15%) Market Cap: 2.50 Bil Enterprise Value: 8.82 Bil PE Ratio: 3.99 PB Ratio: 0 GF Score: 64/100

Q3 2019 Air France KLM SA Earnings Call Transcript

Oct 31, 2019 / 07:30AM GMT

Release Date Price: €54.1

Transcript

Operator

Ladies and gentlemen, good day, and welcome to the Q3 2019 Air France-KLM Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. FrÃ©dÃ©ric Gagey, Chief Financial Officer of Air France-KLM. Please go ahead, sir.

FrÃ;dÃ;ric N. P. P. Gagey

Air France-KLM SA - CFO

©© -

Good morning to everybody. Welcome to this analyst call for the result of Air France Third Quarter 2019. I am in Paris with the CFOs of Air France and KLM and the team of the Investor Relations.

So I go to the presentation directly. I propose to go to the first slide, which is short. As you may have heard, the result for this third quarter, what is happening during these last 3 months? First, we continued to increase our activities. Traffic is up 2%. But as we warned you already in August, we have a negative passenger unit revenue. If you add together the networks Air France-KLM plus Transavia, we have this passenger unit revenue at minus 0.6%. So this in line with the message we have

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.