Air France-klm Sa · EURONEXT:AF
Air France-klm Sa — Investor Presentation (March 2026)
23 slides from Air France-klm Sa's investor presentation, Mar 11, 2026
Slide 1: Corporate Presentation 2026
CORPORATE PRESENTATION 2026
Slide 2: Our purpose aligns business strategy with sustainable customer expectations
OUR PURPOSE ALIGNS BUSINESS STRATEGY WITH SUSTAINABLE CUSTOMER EXPECTATIONS FOR A BETTER TOMORROW “At the forefront of a more responsible European aviation, we unite people for the world of tomorrow” 2
Slide 3: Our people build our future and our success
OUR PEOPLE BUILD OUR FUTURE AND OUR SUCCESS We are thankful for the commitment of all our staff and for the trust of our customers and shareholders. They are an integral part of our success. 3
Slide 4: Governance: Executive Committee
GOVERNANCE EXECUTIVE COMMITTEE Chaired by the Chief Executive Officer of Air France -KLM, the Group Executive Committee is composed of the Chief Executive Officer of Air France -KLM, the President and Chief Executive Officer of KLM, the Chief Executive Officer of Air France and the 8 heads of the Gr
Slide 5: Our renewed strategic ambition
OUR RENEWED STRATEGIC AMBITION Our foundations Our strategic roadmap STRONG ASSETS Improve market position and strengthen business models TO LEVERAGE + Boost profitability to join Europe’s frontrunners RESTORED BALANCE SHEET Maximise customer satisfaction and enhance brand value POST -COVID Increase
Slide 6: Our strengths support our businesses and strategy
OUR STRENGTHS SUPPORT OUR BUSINESSES AND ENABLE US TO DELIVER ON AIR FRANCE -KLM STRATEGY 80 ,000 Three Powerful Networks Sustainable Passionate and Powerful Brands Partnerships Extensive and Initiatives and Professional People Complementary Commitments 6
Slide 7: Key figures in 2025
KEY FIGURES IN 2025 2 hubs 103 million 586 aircraft €489m Net Result passengers in operation transported 3 main activities 30+ million 320+ destinations ▪ Passenger transport Flying Blue In 100+ countries ▪ Cargo loyalty program members ▪ Aircraft Maintenance 7
Slide 8: Three recognized brands with unique identities and positioning
A COMPREHENSIVE PORTFOLIO OF THREE RECOGNIZED BRANDS, WITH UNIQUE IDENTITIES AND POSITIONING UNIQUE BRAND PORTFOLIO Paris Global Gateway LONG - HAUL Amsterdam as Global Hub Connection to Paris and hub feeding SHORT & MEDIUM - Hub feeding and corporate point -to -point traffic HAUL Hybrid leisure and
Slide 9: Keeps upgrading its products
KEEPS UPGRADING ITS PRODUCTS Along the journey experience Cabin experience Onboard services Lounge upgrades High -speed Wi -Fi New First -class cabins • Catering in 2025 • Comfort In -flight entertainment • Design New Business class system cabins Partner services • Luggage door -to -door New Premium
Slide 10: Full focus on further enhancing customer experience
FULL FOCUS ON FURTHER ENHANCING CUSTOMER EXPERIENCE Invest in Recover Further strengthen Invest for the future products and services operational stability Schiphol Hub 10
Slide 11: Is expanding its offer and continues to grow
IS EXPANDING ITS OFFER AND CONTI NUES TO GROW Leisure Corporate Strengthen leadership on Mediterranean Address corporate demand from Paris -Orly destinations, develop winter network Flying Blue earning and burning Transavia Holidays, to increase leisure wallet share MAX fare , dedicated product to B
Slide 12: One of the world's most extensive and diversified networks
TOGETHER, AIR FRANCE, KLM AND TRANSAVIA OFFER TRAVELLERS ONE OF THE WORLD'S MOST EXTENSIVE AND DIVERSIFIED NETWORKS from CDG from ORY 170 Air France destinations from CDG 160 KLM destinations from AMS from AMS from AMS 140 Transavia destinations from ORY and AMS 12
Slide 13: World-leading multi-product MRO provider, Air France-KLM E&M
AS A PROFITABLE WORLD -LEADING MULTI -PRODUCT MRO PROVIDER, AIR FRANCE -KLM E&M IS A KEY ASSET FOR THE GROUP in 2025 3,000 13,000+ aircraft supported employees 200+ € 9.36 bn customer airlines order book (31/12/25) € 5.5 bn € 2.3 bn total revenues external revenues 13
Slide 14: Air France-KLM Cargo remains a strong player
AIR FRANCE -KLM CARGO REMAINS A STRONG PLAYER IN A RAPIDLY CHANGING MARKET in 2025 €2. 3bn 917,000 traffic revenues freight tons Almost 91% of initial 3,200 employees bookings online 14
Slide 15: Flying Blue is a leading European loyalty program
FLYING BLUE IS A LEADING EUROPEAN LOYALTY PROGRAM The loyalty program of the group’s airlines… … Featuring more than 40 airline partners… including … and an extensive network of non -airline partners European loyalty program with highest 100+ commercial partners number of co -branded card partners w
Slide 16: Air France-KLM continues its transformation efforts
AIR FRANCE -KLM CONTINUES ITS TRANSFORMATION EFFORTS Actioning key levers… …through ambitious roadmap… …to achieve structural benefits 1 Simplification 700+ Initiatives & Projects €4.4bn Synergies €3.0bn €2.1bn Revenues Across initiatives ALL Business Units Cost Savings 2019 2022 2024 2026 1) Struct
Slide 17: Successful trajectory towards more sustainable growth
WE HAVE EMBARKED ON A SUCCESSFUL TRAJECTORY TOWARDS A MORE SUSTAINABLE GROWTH Optimized the basics Stabilized social relations A simplified & optimized operating model Our key values: Trust, Respect, Transparency, Confidentiality Sustainability Ongoing transformation Achievements & commitments A suc
Slide 18: Major levers to reach emission reduction targets by 2030
MAJOR LEVERS TO REACH AIR FRANCE -KLM’S EMISSION REDUCTION TARGET S BY 2030 2030 Intermodality Fleet renewal Sustainable Aviation Fuel Operational measures - 17,8% CO2 / RTK (vs ‘ 24 ) 18
Slide 19: Fleet renewal strategy contributes to environmental roadmap
OUR FLEET RENEWAL STRATEGY DELIVERS STRONG CONTRIBUTION TO OUR ENVIRONMENTAL ROADMAP A220 family firm orders for: A320neo family firm orders for: A350 family firm orders for: CO 2 emissions 1 -20% -15% -25% NOX emissions 1 between -30% and -40% Noise 1 between -34 % and -50 % Up to 34.6% % of new ge
Slide 20: Committed to SAF, ambition of 10% SAF by 2030
AIR FRANCE -KLM IS FULLY COMMITTED TO SAF, WITH THE AMBITION OF INCORPORATING 10% OF SAF BY 2030 SAF / eSAF incorporation trajectory set by the European RefuelEU regulation (flights departing from Europe) 80% 70% 60% 50% 40% 30% 20% 10% 0% 2030 2035 2050 eSAF SAF 20
Slide 21: Sourcing initiatives to reach 2030 SAF target
AIR FRANCE -KLM SOURCING INITIATIVES TO REACH 2030 SAF TARGET KEEPING FLEXIBILITY IN VOLUMES TO MATCH OUR DEMAND Air France KLM possible offtakes – Key SAF Projects start -up date Air France – KLM sourcing strategy 0.3 Mton Biofuel, MoU up Grandpuits starts to 2030 1.5 Mton Biofuel, MoU for 10 years
Slide 22: Operational and commercial levers to support decarbonization
GREATER EFFICIENCY IN OUR OPERATIONS AND ADDITIONAL COMMERCIAL MEASURES CAN BE LEVERAGED TO SUPPORT OUR DECARBONIZATION TRAJECT ORY Main levers currently identified OPERATIONAL COMMERCIAL • Eco -piloting & speed flying • Load factor (potential network impact) • Aircraft performance improvement (main
Slide 23: Main awards
MAIN AWARDS 4 tne 9. - BEST © (AIRLINE REWARDS T PROGRAMS: AIRFRANCE ZG transavia kim Flyingblue AIRFRANCEKLM 23 GROUP