DOCSLIB.ORG

Annual Report 2010-11 O P E N & C O M M I T T

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2010-11 O P E N & C O M M I T T together O P E N & C O M M I T T E D 2010-11 www.airfranceklm.com Annual Report 2010-11 Annual report Rapport annuel AFKL • VC11/05 • SPP • 220 x 280 mm • Visuel : BUREAU UK • Parution le : 27/mai/2011 • Remise le : 27/mai/2011 CTR • BAT The captain and his crew wish you an enjoyable business trip to New York, Tokyo, Delhi… and more than 850 other cities, letting you take advantage of one of the world’s leading networks with our SkyTeam partners. airfrance.com making the sky the best place on earth II _ Air France-KLM 2010-11 Annual Report AIRF_1105008_BUREAU_Rapport annuel AFKL_UK_220x280.indd 1 26/05/11 14:18 E d i t o r i a l We can face the challenges with confidence Jean-Cyril Spinetta, Chairman of the Air France-KLM Board of Directors On the North Atlantic, the leading long-haul market globally, Air France-KLM has established a significant lead over the other alliances, and particularly Star Alliance, through the joint-venture that the Group has created with Delta and Alitalia. Our goal is to extend this model to all our SkyTeam partners, and particularly our Chinese partners. Furthermore, we are actively engaged in membership negotiations with other airlines in Brazil, India and elsewhere in Asia. On this basis, SkyTeam stands to benefit from global coverage. “Air France-KLM has established an effective business model that has been After a challenging time in 2009-10, our Group has widely replicated.” succeeded in stemming the haemorrhage and returning to profit while also reducing debt. Our recovery has been SkyTeam will be the alliance benchmark. My initial thinking remarkable. This success is thanks to the outstanding work had been that global transportation would be structured of the Air France-KLM teams and the resolute commitment around three major global systems: SkyTeam, Star Alliance of all our employees within a difficult environment. I would and One World. Today this is a reality. We now have to be like to thank everyone for their efforts. sure to maintain our position and our role within SkyTeam. To confirm this recovery, the Air France-KLM group was The agreement with Alitalia implemented in 2009 further able to implement the strategy required to win back market reinforces the Group’s presence on the large Single European share lost during the crisis in both the passenger and cargo Sky market and makes Air France-KLM the unrivalled leader businesses. But make no mistake: we are still in an uncertain on all long-haul routes between Europe and the rest air transport environment. There remain numerous obstacles of the world. to overcome to ensure that our Group remains in a leading Looking ahead, we need to further improve the efficiency position. I am thinking, in particular, of the oil price, and of the Air France-KLM group. Seven years after the merger, competition from low cost carriers and the Gulf State airlines. we must ensure that we are constantly reinforcing the We are, however, on the right track. The Air France-KLM Group’s cohesion and the relevance of its strategic choices. group has established an effective business model that its I have no doubt that the remarkable mobilization of all main European competitors have been swift to replicate. Air France-KLM employees during the difficult period we The SkyTeam alliance, which is the most advanced in terms have just experienced has left us well equipped to face of operating principles, has been considerably reinforced. the challenges ahead with increased confidence. Air France-KLM 2010-11 Annual Report _ 1 AIr FrAnce-KLM, A responsIbLe, gLobAL LeAder Air France-KLM is a global leader in each of its three businesses: passenger transportation, cargo transportation and aeronautics maintenance. Thanks to its dual hub of Paris-Charles de Gaulle and Amsterdam-Schiphol, the Group operates a balanced network offering the most connecting opportunites between Europe and the rest of the world. It has operations in all continents and offers 254 destinations in 124 countries. Born of the merger between Air France and KLM, the Group is the European leader in passenger transportation and ranks amongst the leading generalist companies in cargo transportation. In the aeronautics maintenance market, Air France-KLM is the world number two of the multi-product players. The Group has more than 100,000 employees. With Delta and Alitalia, the Group operates the largest trans-Atlantic joint-venture. Air France and KLM are also members of the SkyTeam global alliance, bringing together 14 airlines. Air France-KLM is recognized as the sustainable development leader in the air transport sector and has been a Dow Jones Sustainability Index component for the past six years. 2 _ Air France-KLM 2010-11 Annual Report C o n t E n t s 2010-11 P.8 P.21 P.49 IntervIew wIth deveLopMent pIerre-henrI peopLe Aberdeen Glasgow Edimbourg AALBORG Newcastle Copenhague Leeds Durham Liverpool Humberside Dublin Manchester BILLUND Birmingham Norwich Hambourg Berlin London City Brême Hanovre Portraits of air France-KlM staff Cardiff Bristol AMSTERDAM Leipzig gourgeon, Londres Dusseldorf Cologne Francfort Prague Bruxelles Stuttgart Nuremberg Brest Strasbourg PARIS Munich Vienne Mulhouse Nantes Genève Zurich Clermont-Ferrand Bern Ljubljana Annecy Milan Bordeaux Lyon Vérone Zagreb Turin Venise Oviedo Montpellier Gênes Biarritz Toulouse Marseille Bologne Nice Vigo Bilbao Pise Florence Pau Perpignan Toulon Bastia Calvi Ajaccio Rome Barcelone Figari Madrid Naples Trondheim Lisbonne Oslo Bergen Helsinki Chief Executive officer ofa ir France- Sandefjord St. Petersbourg Stavanger Stockholm Kristiansand Linköping Göteborg Moscou Vancouver Calgary Varsovie Ottawa Seattle Montréal AMSTERDAM Kiev Portland Minneapolis Toronto Budapest KlM on the outlook for the Group PARIS Boston Bucarest Chicago Detroit Belgrade Salt Lake City New York Sofia Pittsburg San Francisco Philadelphie Cincinnati Washington Istanbul Pékin Memphis Erevan Los Angeles Athènes Almaty Seoul Dallas Atlanta Tokyo Houston Rabat Beyrouth Teheran Alger Tunis Damas Casablanca Tel Aviv Osaka Shanghai and the Embark corporate project ORLANDO Koweït City Delhi Chengdu Tripoli MIAMI Le Caire Amman Dammam Hangzhou Bahreïn Taipei Saint PUNTA CANA Riyad Canton Dubaï Domingue FREETOWN Doha CANCUN Saint-Martin Mascate Djeddah Abu Dhabi Hanoi Hong Kong Pointe-à-Pitre Nouakchott Bombay XIAMEN Aruba MONROVIA Fort-de-France LA HAVANECaracas Dakar Bamako Niamey Mexico City Bonaire Khartoum Paramaribo Ouagadougou N'Djamena Djibouti Bangalore Bangkok Manille Panama City Curaçao Conakry • three questions for Peter Hartman, Cayenne Abuja Bogota Kano Ho Chi Minh Ville Accra Bangui Addis Abeba PHNOM PENH Quito Kuala Lumpur Guayaquil Abidjan Entebbe Lagos Port Harcourt Nairobi Singapour Douala Cotonou Kigali Kilimanjaro Lomé Yaounde Djakarta Malabo Libreville Dar es Salaam Denpasar President and CEo of KlM LIMA Brazzaville Pointe Noire Maurice Papeete Kinshasa Rio de Janeiro Luanda Antananarivo La Réunion São Paulo Nouméa Johannesbourg BUENOS AIRES LE CAP Santiago du Chili P.13 Consolidating our leadership position • a look at the Group’s main growth areas • Map custoMers of the network P.39 operAtIons reinforcing our service culture P.59 FInAnce P.18, 46, 56 hIghLIghts teams mobilized 24/7 a review of the results for the year • Governance • Consolidated Key figures and highlights financial statements of the passenger, cargo and maintenance businesses Air France-KLM 2010-11 Annual Report _ 3 Key figures for the 2010-11 financial year (to March 31, 2011) Revenues billion euros operating income 23.6122 million euros Breakdown of passenger revenues by geographical region % Europe (including France)30 Asia 16% 20% Africa-Middle East Americas 27% 7 % Caribbean and Indian Ocean 71.3million passengers 254 destinations 2 hubs paris-cdg and 124 countries Amsterdam-schiphol 4 _ Air France-KLM 2010-11 Annual Report n E w s Breakdown of revenues by business (in € billion) 1 Passenger Maintenance 18.1 Cargo 3.2 Other activities* 1.3 * Regrouping the leisure (Transavia.com) and catering businesses 590 aircraft in operation 168 227 181 14 long-haul medium-haul regional full aircraft aircraft aircraft freighters Air France-KLM 2010-11 Annual Report _ 5 a look back at the 2010-11 financial year APRIL 2010 SEPTEMBER 2010 voLcAnIc eruptIon In IceLAnd AIr FrAnce’s new busIness oFFer The eruption of the Icelandic volcano Air France upgrades its Business offer or sleeping. A choice of menus and new Eyjafjöll leads to the almost total shutdown by introducing a more comfortable and services throughout the travel experience of operations. Something not seen more practical seat for working, relaxing also enhance this offer. in Europe since the Second World War. JuLy 2010 hIstorIc contrAct For MAIntenAnce Air Canada entrusts the Group with the engine support on the GE90 powerplants equipping its B777s. In terms of revenue, this contract is one of the largest in the history of maintenance. SEPTEMBER 2010 AuGuST 2010 AIr FrAnce-KLM, A responsIbLe LeAder sixth successive year, the Group is servAIr opens operAtIons Air France-KLM is confirmed air included in the benchmark financial index, In KenyA transport leader for sustainability. For the the Dow Jones Sustainability Index. Servair, the Air France subsidiary specialized in airline catering and airport services, now offers its services in Kenya at the Nairobi and Mombasa outstations NOvEMBER 2010 thanks to the acquisition of the company NAS Catering. Servair is leader in the FIrst AIr FrAnce-KLM African continent with 17 sites. strAtegIc pLAn Embark, the Group’s strategic project is presented to employees. This first corporate project common to Air France and KLM unveils the Group’s goals for the coming years: return to growth and be a leader in the globalized airline sector. The project is structured around three key values: together, open and committed. 6 _ Air France-KLM 2010-11 Annual Report DECEMBER 2010 FEBRuARy 2011 the AIr FrAnce FoundAtIon growth For sKyteAM MobILIzes In senegAL With the arrival of Middle East Airlines, The Air France Foundation jointly the SkyTeam alliance will have finances a brand-new emergency 20 members by 2012.
Load more

Recommended publications
  • Cambridge University Press 978-1-107-13504-8 — Insurgencies and Counterinsurgencies Edited by Beatrice Heuser , Eitan Shamir Index More Information
    Cambridge University Press 978-1-107-13504-8 — Insurgencies and Counterinsurgencies Edited by Beatrice Heuser , Eitan Shamir Index More Information Index 9/11 Attacks, 45, 148, 360 Al-Dawla al-Islamiyya fi al-`Iraq, 299 Abbas, Ferhat, 196 Alderson, Alexander, 29, 41 Abbas, Mahmoud, 242 Aleppo, 289, 294–6, 300–1, 303–4, 307 Aberystwyth University, 10 Algeria, 20, 47–54, 57–73, 126–7, 136, Abu Ghraib prison, 144 193–9, 202, 204–5, 207–9, 211, 226–7, Abu Marzuq, Mousa, 238 285, 326, 328, 337–9, 347–8, 354, Abu-Mazen. See Abbas, Mahmoud 356–8, 365 Adams, Gerry, 218 Autonomous Zone of Algiers, 205 Aden, 26, 30, 38 Nationalist uprisings 1945, 197 Acheson, Dean, 322 Palestro, 199 Aerial Rocket Artillery, 132 Tribal uprisings of 1845, 1871, 1864, Aeschylus, 2 1881 and 1916, 196 Afghan National Army, 261–2 Algerian Front de Libération nationale. Afghan war, 89 See FLN Afghanistan, 20, 25–6, 30, 41, 46, 74, 76, 81, Algerian National Liberation Army. 88, 136–44, 146–8, 246–8, 251–2, 254– See ALN 6, 259–61, 263–5, 306, 348, 354, 356–7, Algerian National Movement. See MNA 359, 362, 365–6, 370 Algerian People’s Party, 198 Herat, 262 Algerian War 1954–1962, 19, 126, 193–5, Soviet withdrawal 1989, 261 211, 314, 330, 336, 349, 361 Africa, 28, 47, 51, 53, 73, 223, 334, 341, Algerian wars, 366 346, 364 Algiers, 65–7, 193, 199, 204–5 African slave trade, 114 Al-Haraka al-Tashihiyya, 294 Afrika Korps, 171 Allard, General Robert, 66 Age of Battles, 10 Alloush, Zahran, 305 Agent Orange, 131 ALN, 49, 63, 65–6, 194–211, 354 Agitprop, 229 Alon, Yigal, 170 AGM-114 Hellfire, 145 Al-Qaeda, 45, 88, 141, 147, 240–1, 264 Aguinaldo, Emilio, 119–20 Al-Qaeda in the Sinai Peninsula, 240 Air France, 176 Al-Qaeda, 299 AirLand Battle, 135 Al-Qaeda in Iraq, 299 Aït Ahmed, Hocine, 198–9 Al-Quds Brigades, 235 AKP, 306 American Civil War, 5, 114–15, 120–2, Al Aqsa Martyrs’ Brigades, 218 223, 337 Al Qaeda, 221, 338 American Revolution, 113–16, 145 Kidnapping Manual 2004, 344 Amir ul Moomineen.
    [Show full text]
  • Israel Resource Cards (Digital Use)
    WESTERN WALL ַה ּכֹו ֶתל ַה ַּמ ַעָר ִבי The Western Wall, known as the Kotel, is revered as the holiest site for the Jewish people. A part of the outer retaining wall of the Second Temple that was destroyed by the Romans in 70 CE, it is the place closest to the ancient Holy of Holies, where only the Kohanim— —Jewish priests were allowed access. When Israel gained independence in 1948, Jordan controlled the Western Wall and all of the Old City of Jerusalem; the city was reunified in the 1967 Six-Day War. The Western Wall is considered an Orthodox synagogue by Israeli authorities, with separate prayer spaces for men and women. A mixed egalitarian prayer area operates along a nearby section of the Temple’s retaining wall, raising to the forefront contemporary ideas of religious expression—a prime example of how Israel navigates between past and present. SITES AND INSIGHTS theicenter.org SHUK ׁשוּק Every Israeli city has an open-air market, or shuk, where vendors sell everything from fresh fruits and vegetables to clothing, appliances, and souvenirs. There’s no other place that feels more authentically Israeli than a shuk on Friday afternoon, as seemingly everyone shops for Shabbat. Drawn by the freshness and variety of produce, Israelis and tourists alike flock to the shuk, turning it into a microcosm of the country. Shuks in smaller cities and towns operate just one day per week, while larger markets often play a key role in the city’s cultural life. At night, after the vendors go home, Machaneh Yehuda— —Jerusalem’s shuk, turns into the city’s nightlife hub.
    [Show full text]
  • 2017-05 Ag En.Pdf
    COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING 2017 LEGAL OPENING A I R F R A NPARIS C E - KLM RESULTS* OF THE PRE-SHAREHOLDERS’ MEETING SURVEY OF INDIVIDUAL SHAREHOLDERS Ranking of the expected themes Market outlook and growth relays 69% Results targets 51% Dividend distribution policy 44% The new Trust Together strategic project 38% Financial strategy (investment, operational efficiency, etc.) 30% Changes in the shareholder structure and shareholder loyalty policy 29% Human resources policy and relations with the unions 28% * Survey of Air France-KLM individual shareholders realized electronically during April 2017 COMBINED ORDINARY AND EXTRAORDINARY 3 A I R F R A N C E - KLM SHAREHOLDERS’ MEETING 2017 SHAREHOLDERS’ MEETING AGENDA Legal Opening Corporate Governance 2016 Financial Review Strategy and Outlook Presentation of the Resolutions Statutory Auditors’ Reports Dialogue with Shareholders Vote on the Resolutions Conclusion COMBINED ORDINARY AND EXTRAORDINARY 4 A I R F R A N C E - KLM SHAREHOLDERS’ MEETING 2017 CORPORATE GOVERNANCE NICE A I R F R A N C E - KLM SHAREHOLDER STRUCTURE OF THE GROUP AT MARCH 31, 2017 French individual shareholders* Institutional 9.9% investors Employees (FCPE) 6.2% France: 13.8% United Kingdom: 6.8% 65.9% United States: 24.7% Germany: 1.5% 17.6% French State Netherlands: 1.1% Switzerland: 0.3% 0.4% Treasury stock * In registered form and/or holding more than 1,000 shares in bearer form. COMBINED ORDINARY AND EXTRAORDINARY 6 A I R F R A N C E - KLM SHAREHOLDERS’ MEETING 2017 COMPOSITION OF THE CURRENT BOARD OF DIRECTORS Jean-Marc Peter Maryse Isabelle Jean-Dominique Anne-Marie Jaap JANAILLAC HARTMAN AULAGNON* BOUILLOT* COMOLLI COUDERC* DE HOOP SCHEFFER* Louis Solenne Hans Isabelle Alexander François Antoine Patrick JOBARD LEPAGE N.J.
    [Show full text]
  • RASG-PA ESC/29 — WP/04 14/11/17 Twenty
    RASG‐PA ESC/29 — WP/04 14/11/17 Twenty ‐ Ninth Regional Aviation Safety Group — Pan America Executive Steering Committee Meeting (RASG‐PA ESC/29) ICAO NACC Regional Office, Mexico City, Mexico, 29‐30 November 2017 Agenda Item 3: Items/Briefings of interest to the RASG‐PA ESC PROPOSAL TO AMEND ICAO FLIGHT DATA ANALYSIS PROGRAMME (FDAP) RECOMMENDATION AND STANDARD TO EXPAND AEROPLANES´ WEIGHT THRESHOLD (Presented by Flight Safety Foundation and supported by Airbus, ATR, Embraer, IATA, Brazil ANAC, ICAO SAM Office, and SRVSOP) EXECUTIVE SUMMARY The Flight Data Analysis Program (FDAP) working group comprised by representatives of Airbus, ATR, Embraer, IATA, Brazil ANAC, ICAO SAM Office, and SRVSOP, is in the process of preparing a proposal to expand the number of functional flight data analysis programs. It is anticipated that a greater number of Flight Data Analysis Programs will lead to significantly greater safety levels through analysis of critical event sets and incidents. Action: The FDAP working group is requesting support for greater implementation of FDAP/FDMP throughout the Pan American Regions and consideration of new ICAO standards through the actions outlined in Section 4 of this working paper. Strategic Safety Objectives: References: Annex 6 ‐ Operation of Aircraft, Part 1 sections as mentioned in this working paper RASG‐PA ESC/28 ‐ WP/09 presented at the ICAO SAM Regional Office, 4 to 5 May 2017. 1. Introduction 1.1 Flight Data Recorders have long been used as one of the most important tools for accident investigations such that the term “black box” and its recovery is well known beyond the aviation industry.
    [Show full text]
  • The Best of Air France-KLM in Africa December 2014
    The best of Air France-KLM in Africa December 2014 1 Libreville AIRF_1310357 • MASTER Presse Mag UK AF/KLM Afrique • PP • 210 x 297 mm • Visuel : Réseau Afrique ILG • BAG ENJOY THE ENTIRE WORLD DEPARTING FROM AFRICA Thanks to the partnership between AIR FRANCE and KLM along with our SkyTeam partners, we offer one of the largest networks giving you access to over 1000 destinations. AIRF_1310357_AF_KLM_Afrique_UK_210x297_PM_CS3.indd 1 20/11/13 14:14 In Africa, the Air France-KLM Group aims to meet its customers’ expectations by offering them the best of its products and services. NEW TRAVEL CABINS ON BOARD On 4 December 2014, Air France unveils all its new long-haul cabins in Africa for the first time during a special flight from Paris-Charles de Gaulle to Libreville (Gabon). African customers will be able to enjoy a designer suite in La Première or make themselves comfortable in a private cocoon in the sky in Business class. They will also discover the new Premium Economy class, offering 40% more space and the new Economy class, offering optimum travel comfort. As from spring 2015, Libreville as well as Douala (Cameroon) and Malabo (Equatorial Guinea) will be regularly served by Boeing 777 equipped with the Company’s new cabins. Moreover, KLM now offers its new World Business Class to Africa, on flights operated by Boeing 747- 400 between Amsterdam-Schiphol and Nairobi (Kenya). NEW ON THE AIR FRANCE-KLM NETWORK IN AFRICA Since 26 October 2014, Air France has been serving Abidjan by A380, the largest superjumbo in its fleet, with three weekly frequencies.
    [Show full text]
  • Report Afraa 2016
    AAFRA_PrintAds_4_210x297mm_4C_marks.pdf 1 11/8/16 5:59 PM www.afraa.org Revenue Optimizer Optimizing Revenue Management Opportunities C M Y CM MY CY CMY K Learn how your airline can be empowered by Sabre Revenue Optimizer to optimize all LINES A ® IR SSO A MPAGNIE S AER CO IEN C N ES N I A D ES A N A T C IO F revenue streams, maximize market share I T R I I O R IA C C A I N F O N S E S A S A ANNUAL and improve analyst productivity. REPORT AFRAA 2016 www.sabreairlinesolutions.com/AFRAA_TRO ©2016 Sabre GLBL Inc. All rights reserved. 11/16 AAFRA_PrintAds_4_210x297mm_4C_marks.pdf 2 11/8/16 5:59 PM How can airlines unify their operations AFRAA Members AFRAA Partners and improve performance? American General Supplies, Inc. Simplify Integrate Go Mobile C Equatorial Congo Airlines LINKHAM M SERVICES PREMIUM SOLUTIONS TO THE TRAVEL, CARD & FINANCIAL SERVICE INDUSTRIES Y CM MY CY CMY K Media Partners www.sabreairlinesolutions.com/AFRAA_ConnectedAirline CABO VERDE AIRLINES A pleasurable way of flying. ©2016 Sabre GLBL Inc. All rights reserved. 11/16 LINES AS AIR SO N C A IA C T I I R O F N A AFRICAN AIRLINES ASSOCIATION ASSOCIATION DES COMPAGNIES AÉRIENNES AFRICAINES AFRAA AFRAA Executive Committee (EXC) Members 2016 AIR ZIMBABWE (UM) KENYA AIRWAYS (KQ) PRESIDENT OF AFRAA CHAIRMAN OF THE EXECUTIVE COMMITTEE Captain Ripton Muzenda Mr. Mbuvi Ngunze Chief Executive Officer Group Managing Director and Chief Executive Officer Air Zimbabwe Kenya Airways AIR BURKINA (2J) EGYPTAIR (MS) ETHIOPIAN AIRLINES (ET) Mr.
    [Show full text]
  • Punctuality Statistics Regulatory Policy Group
    Punctuality Statistics Regulatory Policy Group Birmingham, Edinburgh, Gatwick, Glasgow, Heathrow, London City, Luton, Manchester, Newcastle, Stansted Full and Summary Analysis June 2014 Disclaimer The information contained in this report has been compiled from various sources of data. CAA validates this data, however, no warranty is given as to its accuracy, integrity or reliability. CAA cannot accept liability for any financial loss caused by a person’s reliance on any of these statistics. No statistical data provided by CAA maybe sold on to a third party. CAA insists that they are referenced in any publication that makes reference to CAA Statistics. Contents Foreword Introductory Notes Full Analysis – By Reporting Airport Birmingham Edinburgh Gatwick Glasgow Heathrow London City Luton Manchester Newcastle Stansted Full Analysis With Arrival / Departure Split – By A Origin / Destination Airport B C – E F – H I – L M – N O – P Q – S T – U V – Z Summary Analysis FOREWORD 1 CONTENT 1.1 Punctuality Statistics: Heathrow, Gatwick, Manchester, Glasgow, Birmingham, Luton, Stansted, Edinburgh, Newcastle and London City - Full and Summary Analysis is prepared by the Civil Aviation Authority with the co-operation of the airport operators and Airport Coordination Ltd. Their assistance is gratefully acknowledged. 1.2 Coverage Data has been published as follows: - for Heathrow, Gatwick, Manchester, Birmingham, Luton, and Stansted from April 1989 for Glasgow from July 1993 for Edinburgh and Newcastle from April 1996 and for London City from April 1997 2 ENQUIRIES 2.1 Statistics Enquiries concerning the information in this publication and distribution enquiries concerning orders and subscriptions should be addressed to: Civil Aviation Authority Room K4 CAA House 45/59 Kingsway London WC2B 6TE Tel.
    [Show full text]
  • Air France-KLM Group for the Year Ended Activity AFR 33 December 31, 2012
    Selected fi nancial information 2 Highlights of the 2012 fi nancial year AFR 4 4.6 Note on the methodology for the reporting Corporate governance AFR 5 of the environmental indicators 129 1.1 The Board of Directors 6 4.7 Environmental indicators 132 1.2 The CEO Committee 30 4.8 Statutory Auditor’s Attestation report on the social, environmental and corporate 1 1.3 The Group Executive Committee 30 citizenship information disclosed in the 2012 management report 136 4.9 Statutory Auditor’s Assurance report on a selection of environmental and social indicators of Air France-KLM group for the year ended Activity AFR 33 December 31, 2012. 137 2.1 Market and environment 34 2.2 Strategy 42 2 Activities Financial r eport 139 2.3 Passenger business 45 2.4 Cargo business 53 5.1 Investments and fi nancing 140 2.5 Maintenance business 57 5.2 Property, plant and equipment 143 2.6 Other businesses 62 5 5.3 Comments on the fi nancial statements 146 2.7 Fleet 64 5.4 Key fi nancial indicators 150 2.8 Highlights of the beginning Financial statements AFR of the 2013 fi nancial year 71 5.5 Consolidated fi nancial statements 156 5.6 Notes to the consolidated fi nancial statements 163 5.7 Statutory auditors’ report on the consolidated fi nancial statements 245 Risks and risk 5.8 Statutory fi nancial statements 247 5.9 Five-year results summary 259 management AFR 73 5.10 Statutory Auditor’s report 3.1 Risk management process 74 on the fi nancial statements 260 3 3.2 Risk factors and their management 75 5.11 Statutory Auditors’ special report on regulated agreements and commitments 261 3.3 Market risks and their management 83 3.4 Report of the Chairman of the Board of Directors on corporate governance, internal control and risk management for the 2012 fi nancial year 87 3.5 Statutory auditors’ report prepared in accordance Other information 265 with article L.225-235 of the French Commercial Code (Code de commerce) on the report prepared 6.1 History 266 by the Chairman of the Board of Directors of Air France-KLM S.A.
    [Show full text]
  • The Midwest 9/11 Truth Conference, 2013 Event Videos Now on Youtube
    This version of Total HTML Converter is unregistered. NewsFollowup Franklin Scandal Omaha Sitemap Obama Comment Search Pictorial index home Midwest 9/11 Truth Go to Midwest 9/11 Truth Conference The Midwest 9/11 Truth Conference 2014 page Architects & Engineers Conference, 2013 for 9/11 Truth Mini / Micro Nukes 9/11 Truth links Event videos now on YouTube, World911Truth Cheney, Planning and Decision Aid System speakers: Sonnenfeld Video of 9/11 Ground Zero Victims and Rescuers Wayne Madsen , Investigative Journalist, and 9/11 Whistleblowers AE911Truth James Fetzer, Ph.D., Founder of Scholars for 9/11 Truth Ed Asner Contact: Steve Francis Compare competing Kevin Barrett, co-founder Muslim Jewish Christian Alliance for 9/11 Truth [email protected] theories The Midwest 9/11 Truth Conference 2014 is now in the planning stages. Top 9/11 Documentaries US/British/Saudi/Zionists Research Speakers: The Midwest 9/11 Wayne Madsen Truth Conference Jim Fetzer Wayne Madsen is a Washington, DC-based investigative James H. Fetzer, a former Marine Corps officer, is This version of Total HTML Converter is unregistered. journalist, author and columnist. He has written for The Village Distinguished McKnight Professor Emeritus on the Duluth Voice, The Progressive, Counterpunch, Online Journal, campus of the University of Minnesota. A magna cum CorpWatch, Multinational Monitor, News Insider, In These laude in philosophy graduate of Princeton University in Times, and The American Conservative. His columns have 1962, he was commissioned as a 2nd Lieutenant and appeared in The Miami Herald, Houston Chronicle, became an artillery officer who served in the Far East. Philadelphia Inquirer, Columbus Dispatch, Sacramento Bee, After a tour supervising recruit training in San Diego, he and Atlanta Journal-Constitution, among others.
    [Show full text]
  • Study on Airport Ownership and Management and the Ground Handling Market in Selected Non-European Union (EU) Countries
    Study on airport DG MOVE, European ownership and Commission management and the ground handling market in selected non-EU countries Final Report Our ref: 22907301 June 2016 Client ref: MOVE/E1/SER/2015- 247-3 Study on airport DG MOVE, European ownership and Commission management and the ground handling market in selected non-EU countries Final Report Our ref: 22907301 June 2016 Client ref: MOVE/E1/SER/2015- 247-3 Prepared by: Prepared for: Steer Davies Gleave DG MOVE, European Commission 28-32 Upper Ground DM 28 - 0/110 London SE1 9PD Avenue de Bourget, 1 B-1049 Brussels (Evere) Belgium +44 20 7910 5000 www.steerdaviesgleave.com Steer Davies Gleave has prepared this material for DG MOVE, European Commission. This material may only be used within the context and scope for which Steer Davies Gleave has prepared it and may not be relied upon in part or whole by any third party or be used for any other purpose. Any person choosing to use any part of this material without the express and written permission of Steer Davies Gleave shall be deemed to confirm their agreement to indemnify Steer Davies Gleave for all loss or damage resulting therefrom. Steer Davies Gleave has prepared this material using professional practices and procedures using information available to it at the time and as such any new information could alter the validity of the results and conclusions made. The information and views set out in this report are those of the authors and do not necessarily reflect the official opinion of the European Commission.
    [Show full text]
  • Document De Référence Air France-KLM 2008
    Document de référence 2008-09 Le présent document de référence comprend le rapport fi nancier annuel Chiffres clés 2 1. Gouvernement d’entreprise 5 5. Rapport fi nancier 107 Le Conseil d’administration 6 Les investissements et fi nancements 108 Le Comité exécutif groupe 23 Les propriétés immobilières et équipements 110 Bourse et actionnariat 24 Commentaires sur les comptes 113 Ratios de performance 117 États fi nanciers consolidés 121 2. Activité 27 Notes aux comptes consolidés 128 Les faits marquants de l’exercice 2008-09 28 Rapport des Commissaires aux comptes Marché et environnement 29 sur les comptes consolidés 206 La stratégie 32 Comptes sociaux 208 L’activité passage 35 Annexe 210 L’activité cargo 42 Rapport des Commissaires aux comptes sur les comptes annuels 220 L’activité maintenance 46 Rapport spécial des Commissaires aux comptes Les autres activités 49 sur les conventions et engagements réglementés 221 La fl otte 51 Les faits marquants du début de l’exercice 2009-10 59 6. Autres informations 223 Historique 224 3. Données sociales Renseignements à caractère général 226 et environnementales 61 Renseignements relatifs au capital 227 Données sociales 62 Renseignements sur le marché du titre 232 Note méthodologique sur le reporting des indicateurs sociaux 68 Renseignements relatifs aux accords conclus dans le cadre du rapprochement Indicateurs sociaux du groupe 70 entre Air France et KLM 234 Les données environnementales 76 Renseignements relatifs aux accords conclus Note méthodologique sur le reporting avec Alitalia-Compagnia Aerea Italiana (Alitalia–CAI) 239 des indicateurs environnementaux 80 Environnement législatif et réglementaire Indicateurs environnementaux du groupe 82 du transport aérien 241 Rapport d’examen d’un des Commissaires Glossaire 244 aux comptes 86 Information et contrôle 248 Tables de concordance 250 4.
    [Show full text]
  • Financial Year 2010-11 Excellent Perfomance in the Second Quarter
    Roissy, Amstelveen 17th November 2010 FINANCIAL YEAR 2010-11 EXCELLENT PERFOMANCE IN THE SECOND QUARTER 18.6% rise in revenues to 6.65 billion euros Sharp improvement in operating result: +576 million euros versus -47 million at 30th September 2009 Adjusted operating margin close to 10% STRONG FIRST HALF RESULTS Growth of 14.8% in revenues to 12.37 billion euros Operating income of 444 million euros versus loss of 543 million euros at 30th September 2009 Net income, group share of 1.03 billion euros after Amadeus income and complementary cargo fine provision Significant improvement in the financial position OBJECTIVE FOR FULL YEAR OPERATING INCOME REVISED UP The Board of Directors of Air France-KLM, chaired by Jean-Cyril Spinetta, met on 17th November 2010 to examine the accounts for the First Half of Financial Year 2010-11. Commenting on the First Half, Pierre-Henri Gourgeon, Chief Executive Officer, said: “In the context of a more favourable economic environment, all the strategic actions we have undertaken over the past year have enabled us to return to profit. The second quarter is especially satisfying and, despite the disruption in April, we improved our operating result by some one billion euros in the First Half. This has required a significant commitment from the entire group, and, together with Peter Hartman, President and CEO of KLM, I take this opportunity to thank, all our employees for their efforts. While we have achieved a great deal in a short space of time, we will remain focused on accomplishing the further measures required to ensure that we generate a value-creating level of profitability.
    [Show full text]