Air France-KLM SA

XTRA:AFR0 Stock Report

Market Cap: €2.3b

Air France-KLM Management

Management criteria checks 3/4

Air France-KLM's CEO is Ben Smith, appointed in Sep 2018, has a tenure of 6.67 years. total yearly compensation is €2.86M, comprised of 36.5% salary and 63.5% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth €633.75K. The average tenure of the management team and the board of directors is 5.3 years and 6.1 years respectively.

Key information

Ben Smith

Chief executive officer

€2.9m

Total compensation

CEO salary percentage36.50%
CEO tenure6.7yrs
CEO ownership0.03%
Management average tenure5.3yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ben Smith's remuneration changed compared to Air France-KLM's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

€474m

Dec 31 2024€3m€1m

€244m

Sep 30 2024n/an/a

€63m

Jun 30 2024n/an/a

€209m

Mar 31 2024n/an/a

€597m

Dec 31 2023€4m€900k

€772m

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€1b

Mar 31 2023n/an/a

€783m

Dec 31 2022€4m€900k

€591m

Sep 30 2022n/an/a

-€172m

Jun 30 2022n/an/a

-€762m

Mar 31 2022n/an/a

-€3b

Dec 31 2021€4m€900k

-€3b

Sep 30 2021n/an/a

-€4b

Jun 30 2021n/an/a

-€6b

Mar 31 2021n/an/a

-€7b

Dec 31 2020€3m€745k

-€7b

Sep 30 2020n/an/a

-€6b

Jun 30 2020n/an/a

-€4b

Mar 31 2020n/an/a

-€1b

Dec 31 2019€4m€900k

€273m

Sep 30 2019n/an/a

-€79m

Jun 30 2019n/an/a

€331m

Mar 31 2019n/an/a

€340m

Dec 31 2018€2m€263k

€395m

Compensation vs Market: Ben's total compensation ($USD3.19M) is above average for companies of similar size in the German market ($USD2.43M).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.

CEO

Ben Smith (53 yo)

6.7yrs

Tenure

€2,859,986

Compensation

Mr. Benjamin M. Smith, also known as Ben, is Vice-Chair of the Board of WestJet Airlines Ltd. Mr. Smith has been Chief Executive Officer at Air France-KLM SA since September 17, 2018 and has been its Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director6.7yrs€2.86m0.028%
€ 633.8k
Steven Zaat
Chief Financial Officer3.8yrsno datano data
Michiel Klinkers
Head of Investor Relationsno datano datano data
Henri de Peyrelongue
Executive Vice President of Marketing2.3yrsno datano data
Henri Hourcade
Senior Vice President of Caribbean & Indian Ocean8.8yrsno datano data
Anne Brachet
Executive Vice President of Engineering & Maintenance8.5yrsno datano data
Anne Rigail
Chief Executive Officer of Air France6.3yrsno datano data
Angus Clarke
Executive Vice President of Strategy6.3yrsno datano data
Adriaan den Heijer
Executive Vice President of Cargo5.3yrsno datano data
Oltion Carkaxhija
Executive Vice President of Strategy & Transformation4.6yrsno datano data
Marjan E. Rintel
CEO & President of KLM2.8yrsno datano data
Pierre-Olivier Bandet
Executive Vice President of Information Systems2.3yrsno datano data

5.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: AFR0's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director6.4yrs€2.86m0.028%
€ 633.8k
Isabelle Bouillot
Independent Director12yrs€57.00k0.000040%
€ 908.0
Alain Bellemare
Representative Director4.3yrs€49.50kno data
Alexander Wynaendts
Independent Director9yrs€59.50k0.000040%
€ 908.0
Leni Maria Boerner
Independent Director8yrs€60.00k0.00061%
€ 13.8k
Anne-Marie Idrac
Independent Director7.5yrs€45.00k0.000040%
€ 908.0
Anne-Marie Couderc
Independent Non-Executive Chairwoman9yrs€212.21k0.00015%
€ 3.4k
Jian Wang
Director5.8yrs€36.50k0.00030%
€ 6.8k
Florence Parly
Independent Director1.4yrs€42.83k0.000040%
€ 908.0
Dirk van den Berg
Director5yrs€49.50k0.00015%
€ 3.4k
Gwenaelle Avice-Huet
Independent Director4yrs€49.67k0.00013%
€ 3.0k
Terence Tilgenkamp
Employee Representative Director3.4yrs€52.00kno data

6.1yrs

Average Tenure

62yo

Average Age

Experienced Board: AFR0's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/14 01:55
End of Day Share Price 2025/05/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Air France-KLM SA is covered by 46 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric WilmerABN AMRO Bank N.V.
Ricardo Benevides FreitasBanco Santander
David FintzenBarclays