Air France-KLM Renews Marjan Rintel's Mandate as Head of KLM
The Board of Directors of Air France-KLM has approved the renewal of Marjan Rintel's mandate as Chairwoman of the Executive Board and CEO of KLM Royal Dutch Airlines for a second four-year term.
Marjan Rintel will continue in her roles as Chairwoman of the Executive Board and CEO of KLM Royal Dutch Airlines, a subsidiary of the Air France-KLM Group. Her initial term, which began in July 2022, was set to conclude at the 2026 General Shareholders Meeting. The renewal, approved on February 2, 2026, extends for another four-year period. Marjan Rintel remains a member of the Executive Committee of the Group and reports directly to Benjamin Smith, CEO of Air France-KLM.
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According to the statement, Marjan Rintel's priority will be to accelerate the transformation of KLM and to restore its operational performance. These joint efforts will lead to changes in the management team of the company's operations, aimed at improving KLM's financial performance to meet the Group's medium-term objectives.
“Au troisième trimestre, Air France-KLM a une nouvelle fois démontré sa résilience dans un environnement toujours exigeant.”
Chiffre d’affaires en croissance, marge opérationnelle stable au T3 à 13,1 %, amélioration de la génération de trésorerie sur neuf mois, baisse du prix du carburant et renouvellement de flotte soutenant la performance.
Risks mentioned
Impact négatif de la taxe de solidarité sur les billets d’avion (TSBA) sur la recette unitaire
Hausse des redevances aéroportuaires à Schiphol (impact significatif sur coûts et recettes)
Pression sur les yields en cabine Economy et concurrence accrue pour Transavia aux Pays-Bas
Retards et opérations de maintenance affectant la capacité cargo
Opportunities identified
Renouvellement de la flotte (augmentation de la part d'appareils nouvelle génération) améliorant l'efficience carburant
Bonne performance des cabines Premium soutenant les yields réseau passage
Croissance de l'activité Maintenance et carnet de commandes MRO élevé (10,4 Mds $)
Acquisition d'une participation dans WestJet renforçant la présence nord-américaine et les partenariats commerciaux
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