Air France-KLM Cargo off 3.4pc in March as Americas lead decline

2012 04 16


AIR France-KLM's total air freight volumes dropped by 3.4 per cent in March 2012 year on year on a capacity decline of 0.6 per cent.

The March load factor fell by two points year on year to 69.2 per cent. Adjusted unit revenue per available ton kilometre (RATK) ex-currency remained flat compared to March 2011, the company said.

Three out of the five regions covered by the group's network saw declines in cargo volumes measured in revenue tonne-kilometres (RTK), with the America's registering the highest decrease in March traffic of 6.3 per cent on a capacity decline of 0.5 per cent, and the load factor dropped 4.3 per cent compared to the same month a year earlier.

This was followed by Europe, including France, which registered in March a 4.1 per cent drop in volumes, with the load factor down 0.7 per cent on a capacity increase of one per cent year on year.

The Asia Pacific region also registered a weaker performance in March compared to the same month a year earlier with air freight volumes down 2.8 per cent on a capacity decrease of 3.3 per cent. However, the load factor was up by 0.4 per cent.

On a brighter note, Air France-KLM Cargo's freight operations in Africa and the Middle East achieved modest year-on-year gains with air cargo activity measured in RTK up 0.4 per cent on a capacity increase of 1.3 per cent, yet the load factor fell 0.6 per cent.

The best performing region was the Caribbean/Indian Ocean, which achieved a freight tonnage increase of 4.5 per cent measured in RTK on a capacity increase of 7.3 per cent year on year. On the other hand, the load factor was down 1.2 per cent.

Air France KLM's passenger activity in March 2012 recorded a 6.8 per cent rise in total traffic on a capacity increase of 1.8 per cent year on year. The load factor improved by 3.8 points to 82.5 per cent. The number of passengers rose 6.3 per cent to 6.37 millions.

"Activity in March benefited from a favourable comparison basis due to the Japanese tsunami and the political crisis in Ivory Coast last year," it said in a statement.

Source Shipping Gazette - Daily Shipping News
 

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