Air France 2007 Annual Report Download - page 71

Download and view the complete annual report

Please find page 71 of the 2007 Air France annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 75

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75

69
2006-07
ADR – American Depositary Receipt
Air France-KLM is listed on the New York Stock Exchange under
ADR. The ADRs are negotiable certificates representing a specific
number of shares with a nominal value in dollars.
AEA
Association of European Airlines. Created in 1952, notably by
Air France and KLM, the AEA represents the interests of its
members at the European Union institutions, the European Civil
Aviation Conference and other organizations and associations.
Biometry
Technique allowing the identity of an individual to be checked,
while crossing a national border for example, through the
automatic recognition of certain pre-recorded physical
characteristics.
Code sharing
In accordance with a code sharing agreement, two partner
airlines offer services on the same aircraft, each with their own
brand, their own IATA code and their own flight number.
E-services
Range of ground services for Air France and KLM passengers,
based on new information technology. E-services notably allow
passengers to check in using self-service kiosks or via the
companies’ internet sites as well as the use of electronic tickets.
Equity warrant
A warrant gives the right to purchase or sell a share at a fixed
exercise price within a pre-determined time period. Warrants
are created by financial institutions who ensure their distribution
and trading.
Electronic ticketing
All the travel information for one or several passengers which,
instead of being printed, is recorded in an airline company’s IT
database, once the reservation has been made and paid for.
An electronic or e-ticket replaces the traditional paper ticket.
Hub
Term used for a connecting platform where departures and
arrivals are scheduled to minimize transfer times. Air France-KLM
has two of the four major European hubs: Paris-Charles de Gaulle
and Amsterdam-Schiphol. The Air France and KLM hubs are
organized into successive waves for arrivals and departures each
day in order to increase the options for connections available to
the customers.
IATA
International Air Transport Association. Created in 1945, IATA
establishes regulations for the air transport industry and provides
its members with a framework for the coordination and proper
implementation of tariffs, together with commercial and financial
support services.
IATA year
Financial year for many airlines, including Air France-KLM, which
runs from April 1st to March 31st the following year. This system
makes it possible to track changes in activity more effectively
based on the “seasons” defined by IATA, i.e. a summer season
and a winter season.
Joint-venture
Joint company with two partners, often held equally with 50%
each. This type of shareholder structure notably allows the
implementation of technological or industrial alliances in order to
undertake specific projects common to both partner companies.
Glossary