Air France-KLM reports a "levelling-off" of yields
Crucially, the carrier noted that while unit revenues were "higher than last year", the airline saw "a levelling-off" in Jan-2011, adding that the geopolitical situation in a number of countries (Ivory Coast, Sahelian region, Tunisia and Egypt) is "weighing on revenues".
Air France-KLM noted its Asia network "remained dynamic", with traffic up 7.4% and capacity up 6.4%. Systemwide cargo traffic rose in line with capacity (by 3.4% and 3.3%, respectively), while cargo unit revenue was up compared with Jan-2010, "which already benefited from a more favourable operating environment".
The airline's shares were flat yesterday. Rival Lufthansa gained 1.4% following Monday's solid rise.
Selected European airlines daily share price movements (% change): 08-Feb-2011