The Economic and Financial Affairs Division of the Air France group serves Air France and its subsidiaries, which conduct their business in the air transport sector (Hop! and Transavia France) and in complementary areas including in-flight catering (Servair), aviation maintenance (CRMA) and the Cargo forwarding business (SoDExi).
The Air France group is a major player in global air transport. Its business has a turnover of over 16 billion Euros and annual investments of billions of Euros.
The Economic and Financial Affairs Division must ensure the company's and the group's financial stability, fund investments and optimise cash flow.
It defines the financial strategy, conducts economic and financial studies relating to investments (fleet, mergers, acquisitions) and develops the policy for the company's Finance and Management Control services. It draws up and formalises internal procedures for cost efficiency with the company's various business lines. This strategy also aims to guarantee maximum control over financial risks.
The Economic and Financial Affairs activities focus on several key areas: