The largest increase in passenger numbers was in Europe.

Despite a slight recovery in recent months, Cargo did not have an easy half year. Traffic dropped across the board by 1.3% against a 0.4% cut in capacity. This led to a slight fall in load factor of 0.6 point.

The joint Air France KLM traffic results for June 2017 are available in the download box in this message.

• Excluding the four days of Air France pilot strike, the capacity remained stable (-0.2%) compared to June 2015
• 7.0 million passengers, -1.9%
• Slight decrease in load factor of the long-haul network, while stable in the short and medium-haul network
• Excluding one-offs, the unit revenue per available seat kilometer (RASK) ex-currency down mid-single digit compared to June 2015, reflecting the weak supply-demand balance in the different regions of the network and increasingly soft local flows to France
• The impact of the pilot strike on the June operating result is estimated around € 40million

• 1.3 million passengers, +19.4%
• Strong increase in capacity driven by Transavia France and the expansion of the Munich base 

• 8.3 million passengers, +1.0%

• Unit revenue per available ton kilometer (RATK) ex-currency clearly down compared to June 2015

Agenda

• 27^th July: 1^st Half 2016 results
• 8^th August: July 2016 traffic
• 8^th September: August 2016 traffic

STATISTICS

Passenger network activity*

* Air France, KLM, and HOP!

Transavia activity

Total group passenger activity**

** Air France, KLM, HOP! and Transavia

Cargo activity

Air France and HOP! activity

KLM activity

• 7.2 million passengers, +3.9%
• Short and Medium-haul affected by air traffic control strikes in both June 2013 and 2014
• Unit revenue per available seat kilometer (RASK) ex-currency stable compared with June 2013 in spite of higher load factors

Transavia

• 1 million passengers, +7.6%
• Ongoing accelerated development of Transavia France: capacity +13.6%
• Stable load factor

Cargo

• Further reduction in full freighter capacity, -9.4%
• Unit revenue per available ton kilometer (RATK) ex-currency down compared with June 2013

Recent developments

• On June 24, Air France inaugurated the first Boeing 777 equipped with the new cabins on the Paris-New York route. On this occasion the exhibition ‘Air France, France is in the air’ opened in New York, enabling visitors to discover the numerous product upscaling initiatives implemented by the company. At the same time, KLM is pursuing the deployment of its new World Business Class, which is already installed on its entire fleet of 22 Boeing 747-400s. The equipment of KLM’s Boeing 777s will commence in September.
• The voluntary departure plan relating to Air France ground staff, announced in October 2013 as part of the additional restructuring measures, was completed at the end of June. With 1,772 validated applications, corresponding to 1,660 FTEs, the plan almost reached its objective of 1,826 departures. A plan aimed at 700 FTEs among the cabin crew has just begun.

Outlook
While not representing a turning point in market trends, the June traffic figures published today as well as bookings for July and August nevertheless reflect the over-capacity on certain long-haul routes, notably North America and Asia, with the attendant impact on yields. This comes on top of the persistently weak cargo demand and the challenging situation in Venezuela identified in the First Quarter.

These factors lead us to revise our EBITDA target for Full Year 2014 from around 2.5 billion euros to between 2.2 and 2.3 billion euros, a rise of over 20% compared with 2013.

Strong capital disciple will enable us to remain on track in terms of debt reduction and we confirm our objective of 4.5 billion euros in net debt in 2015.

Agenda

• 25^th July 2014: H1 2014 results
• 8^th August 2014: July 2014 Traffic
• 8^th September 2014: August 2014 Traffic

• On the Americas network, traffic rose 2.4% for capacity up by 1.9%  leading to a 0.5 point rise in load factor to the record level of 90.8%. 
• The Asia network recorded a 3.1% rise in traffic with a 4.8% increase in capacity.  The load factor declined by 1.4 points to 85.6%.
• On the Africa and Middle East network traffic rose in line with capacity (3.1% and 3.0% respectively). The load factor was stable at 80.9% (+0.1 points). 
• The Caribbean and Indian Ocean network was dynamic with a 4.8% rise in traffic for capacity up by 1.1%. The load factor gained 2.8 points to 79.1%.
• Traffic on the European network was up 0.9% for capacity down 3.8%, leading to a 3.8 point improvement in load factor to 80.8%. The reduction in capacity was mainly linked to the French domestic network (-9.7% after the impact of the air control strike).

Cargo

Cargo recorded a 6.3% drop in traffic for capacity down 4.3%. The load factor declined by 1.3 points, to 62.4%. Unit revenue per available tonne kiolmetre (RATK) ex-currency decreased compared with June 2012.

Recent developments

• Air France-KLM finalised a firm order for 25 Airbus A350-900s including 25 options on 19th June at the Le Bourget Airshow.
• Air France-KLM and Jet Airways, India’s leading international carrier, signed a code share agreement giving their respective customers a wider choice of destinations between Europe and India, as well as a greater number of connecting destinations in India.
• For the forthcoming Winter season, Air France and KLM will offer 10 flights per week to Panama and 200 flights to 25 destinations in Central and South America and the Caribbean.
• Air France unveiled the first features of the upscaling of its products and services. Named ‘Best & Beyond’, the project includes an investment of over 500 million euros in new products. In September 2013, Air France will present its new Economy seat and its new in-flight entertainment interface. In January 2014, the company will present its new Business seat. In April 2014 the full project will be unveiled around the new ‘La Première’ cabin.

Passenger business

Traffic rose by 2.9% for capacity up by 5.0%, leading to a 1.7 point decline in load factor to 82.1%. The group carried 6.7 million passengers (+4.0%). Unit revenue per available seat kilometer (RASK) excluding currency was down on the previous year.

• On the Americas network, traffic was up 6.4% for capacity up 9.9%. The load factor reached 87.1% (down 2.9 points).
• Traffic on the Asia network was stable for capacity up by 5.2%. The load factor declined by 4.3 points to 84.5%. Routes to Japan recovered, with an 81% load factor, but traffic was still 23% lower than the previous year.
• The Africa and Middle East network remains affected by the various geopolitical crises. Elsewhere, the month of June 2010 benefited from the Soccer World Cup in South Africa. Traffic declined by 11.4% with capacity down 6.3%. The load factor lost 4.5 points to 77.3%.
• The Caribbean and Indian Ocean network was highly dynamic, with traffic up by 9.2% for capacity up by 6.6%. The load factor gained 1.8 points to 74.5%.
• The European network was also dynamic, with traffic up by 7.6% for capacity up by 4.4%. The load factor reached the high level of 78.3%, up 2.4 points.

Cargo business
The cargo business remained affected by the troubles in Africa and the Middle East and the impact of the earthquake in Japan. It also faced a situation of overcapacity from Asian destinations. In this context the group continued to control the evolution of its capacity, limiting growth to 1.6%. Traffic was down by 2.8%, while the load factor reached 64.7%, down 2.9 points. Unit revenue per available tonne kilometer (RATK) was down on the previous year.

Recent developments

• The group continues to expand its network. In the framework of the Transatlantic joint-venture with Delta Airlines, the Paris-Orlando route was launched on 6th June. The Paris-Lima route launched on the 21st June, allowing the group to operate 12 weekly flights to Peru, 7 between Amsterdam and Lima and 5 between Paris and Lima. Finally, KLM announced the launch of the Amsterdam-Rio de Janeiro route as of 1st November, complementing the two daily flights already operated by Air France.
• Air France welcomed its millionth passenger on board its Airbus A380 and has inaugurated a daily service to Washington DC with this aircraft on 16th June.
• China Eastern has joined the SkyTeam alliance, consolidating the alliance's presence in this region by offering 10% additional daily services with Greater China.
• The group continues to multiply its initiatives in the CSR field. On 22nd June, it signed an agreement with the European Commission, Airbus and producers of bio-fuels, defining a road map to the production of two million tonnes of bio-fuels for the aviation industry by 2020. On 29th June, KLM realised a world first with the first commercial flight powered solely by bio-fuel.
• At the Le Bourget International Aviation and Aerospace Show, Air France Industries KLM E&M announced the signature of new contracts with Transavia.com and Air Atlanta Icelandic. The company has also launched a global aeronautical maintenance training offer.
• Air France was elected best airline in China by the Gold List Award of China Tourism 2011.
• The annual report and the CSR report are available on the new website www.airfranceklm.com. The financial communication website of the group, www.airfranceklm-finance.com, has been redesigned in order to improve its useability and facilitate access to information.

Traffic rose 4.7% in June for capacity up slightly, by 0.4%, leading to a 3.5 point increase in load factor to 83.8%. The number of passengers amounted to 6.5 million (+1.3%).

Unit revenue per available seat kilometer (RASK) excluding currency rose strongly compared with June 2009, driven by both the economy and premium classes. In long-haul the rise was especially marked on the Asia, North America and Latin America networks. In medium-haul, the Paris-Europe routes continued to benefit from the launch of the 'Premium eco' product, adapted to the business traveler, and which has enjoyed a positive response from customers.

On the Americas network, traffic was up 1.9% for capacity slightly reduced by 1.8%. The load factor gained 3.2 points to 90.0%.
Traffic on the Asia network rose strongly by 14.1%, for capacity up 3.9%. The load factor jumped 7.9 points to 88.8%.
On the Africa and Middle East network, traffic rose 9.0% for capacity up 3.9%. The load factor gained 3.8 points to 81.8%.
On the Caribbean and Indian Ocean network, traffic was up 0.5% with capacity up by 8.0%. The load factor declined 5.4 points to 72.7%.
Capacity continues to be adapted on the European network (-4.7%). Traffic declined slightly
(-0.8%), leading to a load factor of 75.9%, up 3.0 points.


Cargo business

Cargo traffic rose 0.8% with capacity down 2.8%. The load factor gained 2.4 points to 67.7%. Unit revenue per available ton kilometer (RATK) was up strongly compared with June 2009.

Statistics(PDF, 65KB)