Air France-KLM S.A. – Company Information

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Air France-KLM S.A. is an aviation holding company, headquartered in France at the Paris–Charles de Gaulle Airport.

The Group is one of the world’s largest airline companies (in terms of annual revenue).

Air France-KLM has a network of approximately 231 destinations in 103 countries from its hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. It operates the biggest transatlantic joint venture, with over 250 flights on a daily basis.

It carried 77.3 million passengers and 1.3 million tonnes of cargo in 2013.

Air France-KLM was formed in 2004 following the merger of Air France and the Dutch airline KLM. The initial public offering was launched on 5 April 2004 on the Paris Euronext and Amsterdam markets.

Air France–KLM’s subsidiaries include: Air France, Air France Cargo, France HOP!, KLM, KLM Cargo, KLM Cityhopper, Martinair, and Cobalt Ground Solutions.

The company’s two main competitors are Lufthansa and British Airways.

The fleet of Air France–KLM:

Long haul fleet: Airbus A380-800 AF, Airbus A340-300 AF, Airbus A330-200 AF, Boeing 747-400 AF, Boeing 777-200ER AF, Boeing 777-300ER AF, Airbus A330-200 KLM, Boeing 747-400 KLM, Boeing 777-200 KLM, Boeing 777-300ER KLM, and MD-11-CF KLM.

Medium haul fleet: Airbus A321 AF, Airbus A320 AF, Airbus A319 AF, Airbus A318 AF, Boeing 737-700/800/900 KLM, and Boeing 737-700/800 Transavia.

Regional fleet: Avro RJ 85 AF, ATR 42/72 HOP!, Embraer 135/145/170/190 HOP!, Canadair Jet 100/700/1000 HOP!, Embraer 190 KLM, and Fokker 70 KLM.

Cargo fleet: Boeing 747-400 Freighter AF, Boeing 777 Freighter AF, and Boeing 747-400 Freighter KLM.

Overview

Air France KLM logo

  • Chairman and CEO Air France-KLM: Alexandre de Juniac
  • Chairman and CEO Air France: Frédéric Gagey
  • KLM President and CEO: Pieter Elbers
  • Chief Operating Officer Air France: Alain Bassil
  • Type: Public
  • Industry: Aviation
  • Publicly listed on Euronext
  • Euronext stock ticker symbol: AF
  • Revenue: €24.912 billion EUR (2014)
  • Net loss: €(189) billion EUR (2014)
  • Formed: 2004
  • Employees: 94,666 (2014)
  • Corporate headquarters: Paris–Charles de Gaulle Airport, France
  • Website: http://www.airfranceklm.com/en/

Air France-KLM Financial Results, Years Ended December 31

Operating data (in € millions) 2014 2013
Net sales 24,912 25,520
Other revenues 18 10
Net revenue 24,930 25,530
External expenses (15,791) (15,997)
Salaries and related costs (7,316) (7,482)
Amortization (1,718) (1,725)
Income from operating activities 751 (227)
Net cost of financial debt (370) (404)
Income before tax €63 (528)
Income taxes (209) (957)
Net loss of consolidated companies (146) (1,485)
Net loss from continuing operations (185) (1,696)
Net loss for the period (189) (1,818)
Balance sheet data (in  millions)
Total assets 23,230 25,421
Total liabilities 23,862 23,128
Total equity (632) 2,293
Cash flow data (in  millions)
Net cash provided by operating activities 1,012 €1,479
Net cash used in investing activities (566) (924)
Net cash provided by (used in) financing activities (983) (158)
Cash and cash equivalents at end of period 2,910 3,518

Source: “Air France-KLM Annual Report 2014”


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