)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Air France-KLM (AF) investor relations material
Air France-KLM Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary31 Jul, 2025
Executive summary
Revenue rose to €15,608 million for H1 2025, up 6.9% year-over-year, with net income swinging to €401 million from a €314 million loss in H1 2024.
Operating income improved to €409 million from €24 million, reflecting stronger performance across segments.
Premiumization strategy advanced, with premium revenue share on Transatlantic routes above 41% and premium leisure segment up 15% year-over-year.
Major strategic moves included a €500 million hybrid bond issue, extension of ESG-linked revolving credit facilities, and intent to acquire a 60.5% stake in SAS.
Robust performance achieved despite geopolitical tensions, rising taxes, and airport charges.
Financial highlights
H1 2025 revenues totaled €15,608 million (+6.9% year-over-year), with Q2 2025 revenues at €8.4 billion (+6.2%).
Operating margin improved to 8.7% in Q2 2025, with net result for Q2 at €649 million, up €484 million year-over-year.
EBITDA increased to €1,866 million from €1,345 million year-over-year.
Operating free cash flow improved to €1,285 million from negative €44 million year-over-year.
Net debt reduced to €7,134 million at June 2025, supported by strong free cash flow.
Outlook and guidance
2025 outlook reaffirmed: group capacity up 4–5%, net capex of €3.2–3.4 billion, and net debt/EBITDA target between 1.5x and 2.0x.
No additional tax expense anticipated for 2025 under OECD Pillar 2; effective tax rate forecasted at 30%.
Ambition to close the SAS majority stake acquisition in H2 2026, pending regulatory approvals.
Premium strategy expected to offset lower yields in economy; late booking trends persist.
2026–2028 targets reaffirmed: operating margin above 8%, EBIT to improve by ~€2 billion by 2028, and significant leverage reduction.
SAS integration into Delta-AF-KLM-Virgin JV?
Future premium cabin capacity allocation?
Q3 premium vs economy unit revenue drivers?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Air France-KLM earnings date
Q3 20256 Nov, 2025
Next Air France-KLM earnings date
Q3 20256 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Air France-KLM SA is an airline holding company offering passenger and cargo air transport services worldwide. It operates through its subsidiaries Air France, KLM Royal Dutch Airlines, and Transavia, with hubs in Paris and Amsterdam. The company is headquartered in Paris, France, and its shares are listed on the Euronext Paris.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage