KLM First Quarter (Q1) results 2018
In comparison with the first quarter last year, KLM’s operating results for Q1 2018 increased by more than €30 million to +€60 million. I am extremely pleased with the good results achieved once again by KLM in Q1, despite the higher price of fuel. This represents an improvement driven by the combination of increased capacity (+4.6%), higher passenger load factors (+1.8 percentage points) and a higher average yield from passengers and cargo. KLM Passenger Services as well as Transavia, Cargo and E&M all showed improved results. This is a clear sign that we can achieve our goals if we work hard together.
Pieter Elbers - KLM President & CEO
(*) The joint Air France KLM First Quarter (Q1) 2018 results are available in the download box of this message.