Q2 15 results: Q2 15 was a mixed quarter which included some positive achievements: Revenue increased to €6.64bn (+3%, o/w +2.5% and -9.6%% in the Passenger network and Cargo respectively, +2.7% at Transavia, +24.1% and +4.1% in the maintenance and catering businesses respectively). Revenue was down 4.5% organically (vs +1.7% in Q2 14). This poor performance reflects capacity limitation at Air France, KLM and HOP! and lower unit revenue (-4.8% lfl): EBITDA declined to €569m (-11%) a
24 Jul 2015
Some positives behind the negatives
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Some positives behind the negatives
Air France-KLM SA (AFK:WBO) | 0 0 (-5.7%) | Mkt Cap: 4,338m
- Published:
24 Jul 2015 -
Author:
Thomas Picherit -
Pages:
3
Q2 15 results: Q2 15 was a mixed quarter which included some positive achievements: Revenue increased to €6.64bn (+3%, o/w +2.5% and -9.6%% in the Passenger network and Cargo respectively, +2.7% at Transavia, +24.1% and +4.1% in the maintenance and catering businesses respectively). Revenue was down 4.5% organically (vs +1.7% in Q2 14). This poor performance reflects capacity limitation at Air France, KLM and HOP! and lower unit revenue (-4.8% lfl): EBITDA declined to €569m (-11%) a