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Air France-KLM: Passenger rise in both traffic and load factor in December 2013

Air France-KLM Group carried 6.2 million passengers (+3.7%). Unit revenue per available seat kilometer (RASK) ex-currency was resilient, despite the weakness of the French business travel market.

In December 2013, passenger traffic rose by 3.2% for a 2.1% increase in capacity. As a result, the load factor rose by 0.9 points to 82.8%. The Air France-KLM Group carried 6.2 million passengers (+3.7%). Unit revenue per available seat kilometer (RASK) ex-currency was resilient, despite the weakness of the French business travel market.

On the Americas network, traffic rose by 6.5% for capacity up by 6.3%. The load factor was stable (+0.1 points) at 87.5%, Capacity growth was driven by the Latin American network (+9.6%), with slower growth in North America (+4.3%).

The Asia network posted a 0.7% decline in traffic for stable capacity (+0.0%); the load factor declined by 0.6 points to 83.4%.

On the Africa and Middle East network, traffic was up by 2.8% for a 3.4% increase in capacity; the load factor stood at 81.9%, down 0.5 points.

The Caribbean and Indian Ocean network saw traffic increase by 1.8% for capacity up by 1.0%; the load factor rose by 0.7 points to 83.7%.

The restructuring of the European network led to a 3.8% increase in traffic. With a 2.2% reduction in capacity, the load factor was up by 4.3 points to 74.5%

Air France-KLM continues to refocus its medium-haul activity aroundits hubs. In December the group received a firm offer to purchase CityJet. The transaction is expected to close in the first quarter of 2014.

In November, Air France-KLM was “Climate Performance Leader 2013’ by the Carbon Disclosure Project (CDP), a survey conducted on behalf of over 700 institutional investors, thereby joining the group of nine French recipients recognized within the top 250 French stock market capitalizations.

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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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