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Air France-KLM's rise in Jan-2012 RASK unable to offset increased fuel cost

8-Feb-2012 12:06 PM

Air France-KLM reports (07-Feb-2012) the following traffic highlights in Jan-2012:

  • Passenger numbers: 5.8 million, +5.3% year-on-year;
  • Load factor: 81.6%, +2.5 ppts;
    • Europe: 68.2%, +3.6 ppts;
    • Trans-Atlantic: 87%, +3.7 ppts;
    • Asia Pacific: 85.3%, stable;
    • Africa and Middle East: 80.5%, +3.9 ppts;
    • Caribbean and Indian Ocean: 85.5%, +0.9 ppt;
  • Cargo traffic (FTKs): -10.3%;
    • Europe: -1.7%;
    • Trans-Atlantic: -10.1%;
    • Asia Pacific: -13.8%;
    • Africa and Middle East: -11.3%;
    • Caribbean and Indian Ocean: +29.5%;
  • Cargo load factor: 61.4%, -3.0 ppts;
    • Europe: 13%, -0.4 ppt;
    • Trans-Atlantic: 63.9%, -4.1 ppts;
    • Asia Pacific: 73.9%, +1.2 ppts;
    • Africa and Middle East: 55.8%, -4.0 ppts;
    • Caribbean and Indian Ocean: 34.4%, +0.7 ppt. [more – original PR]

Air France-KLM: “January passenger activity remained on a positive trend with traffic up 3.7% for a 0.6% rise in capacity, leading of a 2.5 point gain in load factor to 81.6%. The rise in unit revenue per available seat kilometer (RASK) was however insufficient to offset the increase in the fuel bill. Cargo recorded a sharp drop in traffic (-10.3%) linked to the weak economy and the timing of CNY. Unit revenues ex-currency were down on Jan-2011,” Source: Company statement, 07-Feb-2012.