Air France-KLM pax down 2.2%, unit revenue remains under pressure in Feb-2010

Air France-KLM passenger numbers down 2.2% - traffic updates in Feb-2010:

• Passenger numbers: 4.8 million, -2.2% year-on-year;
  • Europe: 3.2 million, -3.7%;
  • Trans-Atlantic: 541,000, stable;
  • Asia Pacific: 412,000, +2.6%;
  • Africa/Middle East: 394,000, -1.7%;
  • Caribbean/Indian Ocean: 263,000, +4.5%;
• Load factor: 77.7%, +3.5 ppts;
  • Europe: 63.6%, +2.9 ppts;
  • Trans-Atlantic: 80.1%, +5.8 ppts;
  • Asia Pacific: 86.1%, +3.0 ppts;
  • Africa/Middle East: 75.4%, +0.2 ppt;
  • Caribbean: 84.0%, +2.7 ppts;
• Cargo traffic (FTMs): -2.1%;
  • Europe: -0.9%;
  • Trans-Atlantic: -2.8%;
  • Asia Pacific: -2.9%;
  • Africa/Middle East: +4.1%;
  • Caribbean/Indian Ocean: -10.0%. [more]

Air France-KLM: "Following the significant capacity adjustments realised by the group over the past year, which have weighed on revenues, the recovery in load factors in both passenger and cargo aircraft continues. Unit revenues per available seat or ton kilometre are improving relative to the extremely low base of 2009. However, pressure on unit revenues remains strong on certain zones and in premium class in general. Unit revenue per available seat kilometer (RASK) excluding currency was above the level of February 2009. Cargo was also affected by the weather conditions and the strikes. Traffic was down 2.1% for capacity reduced by 13.5%. The load factor gained 8.3 points to 70.8%. Unit revenues per available ton kilometre (RATK) continued to improve relative to February 2009," Company statement. Source: Air France-KLM, 08-Mar-2010.