logo
Share SHARE
FONT-SIZE Plus   Neg

Air France-KLM March Traffic, Capacity Rise - Update

Franco-Dutch airline Air France-KLM (AFRAF.PK) reported Tuesday increases in passenger traffic, capacity and load factor for the month of March and its first quarter. The company saw favorable comparisons in March, absent events such as the Japanese tsunami and the political crisis in Ivory Coast that hit last year's traffic.

Passenger traffic for the month grew 6.8 percent 18.34 billion revenue pax-kilometers or RPKs from 17.17 billion RPKs in the previous year. The company said it has restated passenger data to include the passenger business of Martinair.

Capacity, measured in available seat-kilometers or ASKs, improved 1.8 percent to 22.22 billion ASKs. Unit revenue per available seat kilometer ex-currency improved in a context of a sharp rise in the fuel price, the company stated.

Load factor for the month increased 3.8 points to 82.5 percent from 78.7 percent a year ago. The number of passengers carried stood at 6.37 million, up 6.3 percent from last year.

The European network traffic, including France, improved 7.2 percent and capacity was up 2.7 percent. Load factor increased 3 points and stood at 71.9 percent.

On the Americas network, capacity increased 2.5 percent and traffic rose 9.7 percent. Load factor increased 5.8 points to 88.2 percent.

Meanwhile, cargo traffic for the month declined 3.4 percent to 995 revenue tonne-km and load factor dropped 2 points to 69.2 percent. Capacity edged down 0.6 percent to 1,438 available tonne-km.

For the first quarter, passenger traffic grew 5.5 percent to 51.73 billion RPKs and capacity increased 1.6 percent to 63.39 billion ASKs. The number of passengers grew 5.6 percent to 17.46 million and load factor improved 3.1 points to 81.6 percent.

In Paris, Air France-KLM shares are currently trading at 3.92 euros, down 0.08 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Google's artificial intelligence or AI player AlphaGo defeated world's number one Go player Ke Jie of China. Go is an ancient Chinese board game, harder than chess. In a fresh crackdown on Uber, Hong Kong police have arrested 21 drivers of the ride-hailing service for illegally carrying passengers without proper permits in the Asian city. The drivers, 20 men and one woman between the ages of 21 and 59, were arrested in an undercover operation by the police for illegally carrying passengers for hire without proper vehicle hire permits. Online retail giant Amazon.com has given out more than 1.7 million free bananas at its Community Banana Stands in downtown Seattle, altering local banana sales, the Wall Street Journal reported. The company, which opened its first Community Banana Stand in late 2015 with idea from founder and CEO Jeff Bezos, has installed two banana stands at its Seattle headquarters.
comments powered by Disqus
Follow RTT