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  "documentTitle": "2025 Q4 Results Presentation",
  "authorId": "Air-France-KLM",
  "authorName": "Air France-KLM",
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      "text": "NB: Sum of individual airline results does not add up to Air France-KLM total due to intercompany eliminations at Group level. 1) Flying Blue Miles total gross turnover, including third party airline and non-airline partners revenue",
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      "text": "Air France: Operating margin increased to 6.7% thanks to Passenger network supported by premiumization and maintenance. KLM: The operating result remained stable as productivity gains, cost reductions and revenue optimization of the Back on Track program contributed at least €450 million which mitigated headwinds like the 41% tariff increase at Schiphol, low yielding passenger demand pressure (especially impacting KLM as connecting carrier) and operational disruptions. Flying Blue: Revenues continued to grow year-on-year, despite weaker USD, thanks to volumes.",
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      "text": "CONTINUED IMPROVEMENT AT AIR FRANCE, KLM NEEDS TO ACCELERATE FURTHER TRANSFORMATION",
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