Air France KLM (AIRF.PA, AF FP)
The Air France-KLM network is organised around the hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. With these two major hubs, the group can link Europe to the rest of the world, with 316 destinations in 115 countries. This vast choice of destinations enables passengers to combine an outbound flight via Paris with an inbound flight via Amsterdam or vice versa. Air France and KLM carried 87.4m passengers in 2014. One of the network¿s major strengths is that it is evenly balanced, offering a natural risk hedge since it is not reliant on any one market. It also enables the group to seize growth opportunities due to the technical and commercial teams already located worldwide. Air France-KLM Cargo has embarked on an overhaul of its business model to strengthen its position in this highly competitive market. The group prioritises the capacity offered by the bellies of passenger aircraft by taking advantage of its vast global network.