Air France-Klm Ads (AFLYY) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Air France-klm Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.128 -- 00:00:06.453 Good morning and welcome to the Air France KLM first quarter 2025 00:00:06.453 -- 00:00:09.134 results presentation. 00:00:09.196 -- 00:00:12.159 Today's conference is being recorded. 00:00:12.159 -- 00:00:17.324 At this time, I would like to turn the conference over to Ben Smith, CEO, and Stephen 00:00:17.324 -- 00:00:19.286 Zat, CFO. 00:00:19.286 -- 00:00:21.906 Please go ahead, sirs. 00:00:21.908 -- 00:00:26.012 Okay, thank you, operator. Good morning, everyone, and thank you for joining us today 00:00:26.012 -- 00:00:31.452 for the presentation of Air France KLM's results for the first quarter of 2025. 00:00:31.452 -- 00:00:35.037 Today I'm joined by Stephen Zad, our group CFO. 00:00:35.037 -- 00:00:39.703 We'll start by covering the key highlights of the quarter before I hand it over to Stephen, 00:00:39.703 -- 00:00:42.767 who will walk you through the detailed 00:00:42.767 -- 00:00:47.874 financial results. And then I'll close with an overview of our medium-term ambitions 00:00:47.874 -- 00:00:50.657 before opening the floor to your questions. 00:00:50.657 -- 00:00:55.584 So moving to slide three. So we're very proud to report that the group delivered an improved 00:00:55.584 -- 00:01:00.390 performance this quarter, once again demonstrating the resilience and strength of our 00:01:00.390 -- 00:01:05.532 business model. Revenues were up 8% year over year, 00:01:05.532 -- 00:01:10.778 driven by a solid performance across all our activities, including maintenance. 00:01:10.778 -- 00:01:17.086 Our operating result improved by €161 million, reaching a negative €328 00:01:17.086 -- 00:01:22.612 million, a significant step forward compared to the same period last year. 00:01:22.612 -- 00:01:27.979 Supported by strong unit revenue,...