Investor Presentaiton
+
A clear roadmap to reach our ambition and
transform our Group
OPERATING MODEL
Initiative
External spend
optimization
Savings
per 2024
€0.5bn
Key Examples
Reduction of external cost
Restructuration of the French domestic
network
Labor cost
reduction
€1.4bn
✓ ~12% FTE reduction in 20241
✓ Simplification of the organization
AIRFRANCE KLM
GROUP
Fleet
fuel efficiency
Fleet renewal
€0.4bn
~30% of New Generation aircrafts in 2024
New revenue
streams
✓
€0.4bn
✓
Flying Blue Pay & Increase program partners
Offer Innovation: personalization, ancillaries
€3bn of
structural
benefits by end
of 2024
New initiatives
~€0.3bn
not yet implemented
(1) Excluding Transavia France
17
Procurement: sourcing, demand, specification
✓ Additional group synergiesView entire presentation