Accuracy assisted Air France Group in the creation of the Hop! airline via the merger of three historical companies.
Context
In 2013, Air France Group merged its 3 historical regional airlines companies: Airlinair, Brit Air and Regional under a single umbrella brand and holding. Accuracy was hired to provide its expertise in the context of the merger, a complicated task in such a complex industry.
How we helped
We deployed a large multi-disciplinary team to cover the full-scope of the merger transaction followed up by the post-merger integration.
In a single team, airline experts, strategy consultants and financial modellers worked together to build the business model of the new company, implement the integration roadmap, and model its business plan including financial impacts from roadmap actions. Works also covered fleet management issues: assets life-cycle management, fleet turnover optimisation, and fleet-use diversification.
Outcome
The merger was successful and the roadmap implemented.
