Air France-KLM CFO on Second-Quarter Results, CEO Search

The transcript discusses the impact of strikes on Air France's performance, noting that despite the negative effects, the company is performing above consensus. It highlights the need for governance changes and a new CEO, with KLM expressing frustration over the situation. The discussion also covers the rising fuel costs and the potential for passing these costs onto customers. Finally, it touches on shareholder interests and market expansion plans, emphasizing the importance of cooperation with Accorhotels and the growth of Transavia.

What was the unexpected outcome for Air France-KLM despite the strikes?

• A decrease in customer bookings

• A negative impact on the market

• A loss in market share

• Beating the consensus in commercial performance

What is not considered when Air France-KLM publishes expectations for future load factors?

• Economic performance

• Potential new strikes

• Commercial environment

• Customer satisfaction

Who is responsible for appointing a new CEO at Air France-KLM?

• The management team

• The nomination committee

• The shareholders

• The current CEO

What is a source of frustration for KLM regarding Air France?

• Increased fuel costs

• Social field difficulties

• Decreased passenger numbers

• Lack of new aircraft

How much is the expected increase in the fuel bill for Air France-KLM?

• €500 million

• €300 million

• €450 million

• €260 million

What was the reaction of AccorHotels regarding their stake in Air France-KLM?

• They sold their existing shares

• They increased their stake

• They dropped their plans to buy a stake

• They partnered with another airline

What is the growth expectation for Transavia in 2018?

• Between 2.5% and 3.5%

• Between 5% and 7%

• Between 10% and 12%

• Between 7% and 9%