Transcription of UNIVERSAL REGISTRATION DOCUMENT 2020
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UNIVERSAL REGISTRATION DOCUMENT 2020
UNIVERSAL R EG I S T R AT I O N DOCUMENT 2020 INCLUDING THE ANNUAL FINANCIAL REPORT 1 PRESENTATION OF THE AIR FRANCE KLM GROUP Market and environment Strategic outlook Activities in 2020 The Air France KLM Group fleet 422 CORPORATE GOVERNANCE REPORT Composition of the Board of Directors Organization and functioning of the Board of Directors Activities and functioning of the Board of Directors and its Committees Summary table of the AFEP-MEDEF Code s comply or explain recommendations not applied Compensation of the company officers CEO Committee Group Executive Committee Share capital and shareholder structure 1173 RISKS AND RISK MANAGEMENT Risk factors Enterprise risk management Organization and functioning of internal control 1534 CORPORATE SOCIAL RESPONSIBILITY EXTRA-FINANCIAL PERFORMANCE STATEMENT Creating long-term value for all our s
history, this is the most severe crisis ever experienced by Air France – KLM and by the airline industry as a whole. Our 2020 financial results confirmed this. As the crisis developed, Air France, KLM, Transavia, HOP! and KLM Cityhopper demonstrated their strategic national and European importance, which has
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