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Transavia, a subsidiary of Air France, “preferred low cost in Europe” according to Ben Smith

2020-11-13T07:32:39.327Z


In an interview with Les Echos, the CEO of Air France-KLM remains optimistic for the future of the company.In an interview with Les Echos , Ben Smith, the CEO of Air France-KLM remains optimistic. He believes that despite the relapse in air traffic, people will get back on the plane as soon as they can. The manager even expects a “ bright future ” for Air France-KLM, in particular because of the good health of its low-cost subsidiary Transavia France. Thus, according to him, " by removing the limitati


In an interview with Les

Echos

, Ben Smith, the CEO of Air France-KLM remains optimistic.

He believes that despite the relapse in air traffic, people will get back on the plane as soon as they can.

The manager even expects a “

bright future

” for Air France-KLM, in particular because of the good health of its low-cost subsidiary Transavia France.

Thus, according to him, "

by removing the limitation on the number of planes for Transavia France, then by allowing it to serve domestic routes, we have endowed the group with a company without equivalent among our competitors

", rejoices the man. business.

Transavia has strengths

He further states that Transavia has "

unit costs comparable to those of easyJet

", and thanks to this "

Air France will finally be able to make profitable and develop its short and medium-haul network.

This is a valuable asset that neither IAG nor Lufthansa Group has, and whose importance has not been fully appreciated

, ”he says.

Thus, according to the latter "

Transavia has everything to be the preferred low cost company in Europe

".

He cites strengths like “

52% of slots at Orly and we have our Flying Blue loyalty program, which is a very powerful tool.

This is enough to make you prefer Transavia to any other low cost company

, ”insists the manager.

Regarding a possible recapitalization of the company, the latter claims to be in negotiations without being able to say more.

Source: lefigaro

All news articles on 2020-11-13

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