Messages from the management | 2 | ||
Key figures | 4 | ||
Destination Sustainability | 8 | ||
Our strategy | 10 | ||
Strategic levers | 12 | ||
Sustainable governance | 14 | ||
Highlights of the 2023 financial year | 16 | ||
Highlights of the beginning of 2024 financial | 35 | ||
year |
PRESENTATION OF THE | ||
AIR FRANCE-KLM GROUP | 37 | |
1.1 | Market and environment | 38 |
1.2 | Strategy | 42 |
1.3 | Activities in 2023 | 47 |
1.4 | Fleet | 63 |
1.5 | Customer experience division | 67 |
CORPORATE GOVERNANCE | |
REPORT | 79 |
2.1 Composition of the Board of Directors | 80 |
2.2 Organization and functioning
of the Board of Directors | 112 |
2.3 Activities and functioning of the Board
of Directors and its Committees | 130 |
2.4 Summary table of the AFEP-MEDEF Code's comply or explain recommendations
not applied | 138 | |
2.5 | Compensation of the Company officers | 139 |
2.6 | Group management bodies: Group | |
Executive Committee and CEO Committee | 177 | |
2.7 | Share capital and shareholder structure | 179 |
RISKS AND RISK | ||
MANAGEMENT | 197 | |
3.1 | Risk factors | 198 |
3.2 | Enterprise risk management | 217 |
3.3 Organization and functioning
of internal control | 219 |
The components of the Annual Financial Report
are identified in the index by the following pictogram
CORPORATE SOCIAL | |
RESPONSIBILITY: | |
EXTRA-FINANCIAL | |
PERFORMANCE STATEMENT | 227 |
4.1 Creating long-term value
for all our stakeholders | 228 | |
4.2 | Human resources | 252 |
4.3 | Addressing the impact on the environment | 276 |
4.4 | Customer trust | 307 |
4.5 | Ethics and compliance | 315 |
4.6 | Societal value | 320 |
4.7 Report by one of the Statutory Auditors, appointed as Independent Third Party, on
the consolidated non-financial statement | 329 |
FINANCIAL REPORT | 333 | ||
5.1 | Comments on the financial situation | 334 | |
5.2 | Consolidated financial statements | 342 |
5.3 Notes to the consolidated financial
statements | 350 | |
5.4 | Statutory Auditors' report on the | |
consolidated financial statements | 430 | |
5.5 | Statutory financial statements | 435 |
5.6 Five-year results summary | 450 |
5.7 Statutory Auditors' report on the financial
statements | 451 |
5.8 Statutory Auditors' special report
on Related-Party Agreements | 455 |
OTHER INFORMATION | 465 | |
6.1 | History | 466 |
6.2 | General information | 469 |
6.3 Information on the agreements concluded in connection with the business combination between
Air France and KLM | 470 |
6.4 Legislative and regulatory environment
for the air transport industry | 472 | |
6.5 Information and control | 476 | |
GLOSSARIES AND | |
TABLES OF CONCORDANCE | 477 |
Air transport glossary | 478 |
Financial glossary | 480 |
Table of concordance for the Universal | 482 |
Registration Document | |
Information included by reference | 484 |
Table of concordance | 484 |
for the Annual Financial Report |
INCLUDING THE ANNUAL
FINANCIAL REPORT
In its principal businesses of passenger and cargo
transportation, low-cost operations and aircraft maintenance,
Air France-KLM is a leading global player.
The Document d'Enregistrement Universel was filed with the Autorité des Marchés Financiers (AMF) on April 26, 2024, as competent authority under Regulation (EU) 2017-1129, without prior approval pursuant to Article 9 of the said regulation. The Document d'Enregistrement Universel may be used for the purposes of an offer to the public of securities or the admission of securities to trading on a regulated market if completed by a securities note and, if applicable, a summary and any amendments to the Document d'Enregistrement Universel. The resulting whole is approved by the AMF in accordance with Regulation (EU) 2017-1129.
This Document d'enregistrement universel including the Rapport financier annuel is a reproduction of the official version of the Document d'enregistrement universel including the Rapport financier annuel which was established in xHTML and filed with the Autorité des Marchés Financiers on April 26, 2024.
This Universal Registration Document is an unofficial translation of the Document d'enregistrement universel. In the event of any ambiguity or discrepancy between this unofficial translation and the Document d'enregistrement universel, the French version shall prevail.
AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 | 1 |
2 | AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 |
MESSAGES FROM THE MANAGEMENT
AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 | 3 |
4 | AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 |
KEY FIGURES
AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 | 5 |
KEY FIGURES
6 | AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 |
KEY FIGURES
AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 | 7 |
8 | AIR FRANCE-KLM - UNIVERSAL REGISTRATION DOCUMENT 2023 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Air France-KLM SA published this content on 26 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2024 16:35:42 UTC.