Marcel de Nooijer, CEO, Transavia at the CAPA World Aviation Summit 2022

Transcript

Marcel de Nooijer:I think the pandemic has been extremely big, large to manage for everyone, but also was for us. At a certain moment, we had to stop flying in total and then ramping up again. Yes, it did change also the business model because you saw that passengers longed for more flexibility and our initial business model was fully built around non-refundable tickets, which is a common denominator within the low-cost industry. So we added flexibility as an ancillary to the product, and in that you see a changing development of our passengers on what they want and how we are adapting to that. We normally in this budget year would have hit, I would say, 95% of the production of 2019. But I'm sure you saw that Schiphol Airport had quite some logistic challenges this year. So basically, I think we end up at 85% of the production of 2019. We will be at 2019 production next year. Airlines always work in a challenging environment, but I'm quite optimistic despite the fact that there are a lot of challenges in terms of inflation, uncertainty about the economic condition. We do see still a good trend in the forwards, in the forward bookings. So you're looking actually at a rather positive and optimistic CEO. Yeah, we are the leisure brand within the Air France-KLM Group, consisting of Transavia France and Transavia Netherlands, and we work with the same proposition: single cabin, paid catering concept, to beautiful destinations, mainly geared around the Mediterranean, as I was explaining. Marcel de Nooijer.

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