logo
Plus   Neg
Share
Email

Air France KLM January Traffic Up 2.3%; Capacity Rises 3.3%

Air France KLM (AFRAF.PK) reported that, for total group (Air France, KLM, HOP! and Transavia), traffic measured in revenue pax-kilometers increased 2.3% year-over-year for the month of January 2019 to 22.18 billion.

Capacity, measured in available seat-kilometers, was 25.89 billion, up 3.3% from the prior year.

Load factor was 85.7%, decrease of 0.8 percentage points.

Total group carries 7.36 million passengers in January 2019, up 1.5 percent from the prior year.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Southwest Airlines Co. said it will investigate whether a dispute with its mechanics union was the cause of an "unprecedented number" of out-of-service aircraft that resulted in flight cancellations and flight delays. Southwest Airlines COO Mike Van de Ven said in a statement that the airline has been negotiating with Aircraft Mechanics Fraternal Association or AMFA for more than six years. Shares of Air France-KLM Group were gaining around 4 percent in Paris trading after the airline reported Wednesday narrower net loss in its fourth quarter with improved revenues. For fiscal 2019, Air France-KLM Group plans to selectively grow capacity for the Passenger network by 2 percent to 3 percent compared to 2018. The company also said it will pursue initiatives to reduce unit costs. Walmart Inc. (WMT) reported adjusted EPS of $1.41 for the fourth-quarter of fiscal 2019. On average, 27 analysts polled by Thomson Reuters expected the company to report profit per share of $1.33 for the quarter. Analysts' estimates typically exclude special items. Net income attributable to Walmart...
Follow RTT