Air France Annual Results 2023: A Critical Analysis
We have released a comprehensive video analysis of Air France's annual results for the year 2023 in ASP's YouTube channel. The video dwelves deep into the financial performance of Air France, providing valuable insights and critical observations on the airline's trajectory. To watch the full video analysis, please click the video below.
In the video, Our CEO Guillaume begins by contextualizing the expectations surrounding Air France's annual results, given the backdrop of the airline's performance in previous years and the broader industry trends following the COVID-19 pandemic. Despite optimistic forecasts fueled by strong figures from 2022 and the first half of 2023, Air France's reported net profit of 983 million Euros for 2023 fell short of expectations, marking a significant deviation from anticipated results.
Through a meticulous examination of Air France's financial statements and comparative analysis with industry peers such as British Airways, Guillaume highlights key discrepancies and challenges facing the airline. While acknowledging positive indicators such as increased turnover, the analysis underscores concerns regarding the airline's inability to translate revenue growth into substantial profit margins.
Moreover, Guillaume raises pertinent questions regarding the sustainability of Air France's financial performance amidst escalating costs, geopolitical uncertainties, and potential market fluctuations. Drawing parallels with historical challenges faced by major airlines, the analysis offers a cautionary perspective on the need for strategic foresight and prudent management practices in navigating turbulent industry dynamics.The video serves as a valuable resource for aviation professionals, investors, and industry stakeholders seeking nuanced insights into Air France's financial health and the broader implications for the aviation sector. By unraveling complex financial data and presenting actionable interpretations, we empowers viewers to make informed assessments and strategic decisions in a rapidly evolving industry landscape.
As the aviation community grapples with uncertainties and prepares for future challenges, we remain committed to providing cutting-edge analysis and expert guidance to support career advancement and organizational success in the aviation industry through our eLearning courses.
To better understand what is expected of you from the recruiter's perspective and to maximize your chances during your Air France Pilot or Cadet selection, Advanced Interview Course Version 2 is the ultimate solution.
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5 AUTOMATIC FAILS
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I also benefited from this service as it helped me better know myself, which will help me prepare relevant examples for the interview. Definitely worth the investment.
So thank you!"
I’ve been flying for 10 years and professionally (not airlines) for 5 years, I’ve been to many ATOs, met many pilots, read books on the subject but never did I understand what the airline interview was all about before following the ASP course, and I thank you for that because it brings so much peace understanding the rules of games.
As I understand it’s not about telling the interviewers what they want to hear by being someone we are not, and it’s not about telling them true stories that has no use for them, but it’s about looking into our past for evidence of the competencies that they are looking for, preparing answers by funneling the key competencies that we have within ourselves and showcase them from past events, discarding irrelevant stuff, thus making their job easier and enhancing a pleasant overall experience.
PS : I just received a positive answer to my interview.
I took the Psy2 HOP in September and not wanting to make the same mistake, I took an AIC preparation at ASP, I also added a 1:1 interview supplement with Guillaume. Note that I also passed the Wizzair selections which I succeeded (also in September) The 2 selection processes are different but the AIC allowed me to better understand the expectations of recruiters.
For each of the 2 companies, I did a lot of personal work on the operating mode of the companies so as not to get caught during the interviews. As a good student, I thought about the most relevant examples I could give by filling in the boxes in the excel skills table… a bit laborious but it allows you to sort by choosing the most relevant examples.
I focused my examples on recent flights (< 3 years) but not only, especially the flight that marked you the most… there’s only one and it was 15 years ago!
I really appreciated the 16PF and the debriefing is important to understand, I think about 3/4 were common with the brief debriefing done at the end of the individual psy2 interview.
By understanding the philosophy of the individual interview, I did not go there on the defensive (like the first time) but with the spirit of dispelling the doubts they could express and confirm their expectations. For the group tests, for Wizz or Hop, I made sure to be the good second, to give everyone a chance to speak. I did not chase my nature, I just made sure not to be too enthusiastic. In my case the 1:1 interview was very profitable because I wanted to see the adequacy of the questions asked by the recruiter according to the 16PF without forgetting the debriefing that goes with it… It reassured me about my ability to succeed (even if everything is not in my hands!!!)
I also did a lot of work understanding the skills to guide my answers, without distorting the trait but just by explaining more accurately and clearly arguing. As it is explained in the courses, honesty is important and the preparatory work you do will allow you to bring clarity to your words.
The advice and examples drawn from Guillaume’s experience bring invaluable added value to the content of the briefing.
I am measuring my words but I can tell that knowing all of this can be a game changer into an interview environment. 16PF questionnaire with specialist debriefing is a real added value into this course, I fairly recommend it, it is definitely worth it.
Ils m’ont demandé la communication avec un capitaine, une situation qui me stresse, un vol difficile et l’acceptation de l’erreur, J’ai eu plus de mal à décrire les compétences humaines que je devais continuer à développer mais dans l’ensemble très correcte. Entretien de groupe j’ai pris soin de bien structurer et de partager le lead comme dans les vidéos, Résultat dans 6-8 semaines !
Regarding Advanced Interview Course, liked how clear, concise, relevant and straight to the point it is. I like the fact that Guillaume knows exactly what he's talking about.
His experience is invaluable!
I am measuring my words but I can't tell that knowing all of this can be a game changer into an interview environment. 16PFquestionnaire with specialist debriefing is a real added value into this course, I truly recommend it, it is definitely worth it.
The Key Competencies and examples of related questions allow me to see exactly what to expect and how to orient my speech to allow recruiters to see in me the qualities necessary for the position.
The company info sheets are very well done and the explanations of how to create them for yourself are also good. The 16PF test and the debrief is very useful for orientation as well.
I appreciated Guillaume’s meticulous revision of my CV and Cover Letter. The patient explanations behind each recommendation and change were helpful in understanding the rationale for the adjustments proposed.
His insightful feedback not only helped me understand how recruiters perceive my CV and cover letter, but also helped me to streamline the information for quick comprehension.
By focusing on quality content and reducing its length, it helped me create application documents that capture attention effectively.
The 16PF analysis shows how could you prepare for difficult questions you could have from the recruiters. This way, I can approach any interview feeling much more confident.
As a result, I arrived well-prepared, ready to answer all the questions, which also allowed me to have confidence in myself, reduce my stress, and therefore present the best image of myself.
For me it was also a good review of everything after having been away from aviation for a while, and very good inputs about common mistkes and how to avoid them.
I actually believe that it was easier to fill the experience sheet after having done the 16PF.
I particularly liked module 8 with examples given for tricky questions. I also like that Guillaume is very passionate about his field of work.
The CV and Cover Letter Course was precise, to the point and gave valuable information.
The company information sheets are well done, and the explanations of how to get there are also helpful. The 16PF questionnaire and the debrief are very useful for orientation as well.
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How We Work
November 26, 2024
Going through the Aer Lingus and easyJet selection processes was a real experience. While I didn’t make it through Aer Lingus after reaching the simulator stage, I kept moving forward—and I’m happy to share that I succeeded in the easyJet selection this October!
DECEMBER 3, 2024
Hello Guillaume,