Air France-KLM February cargo off 5pc, hopes rest on renewed Atlanta link
2012 03 12
- Details
AIR FRANCE-KLM posted 5.1 per cent year-on-year decline in February cargo despite a slight decrease in capacity of 0.8 per cent, and a load factor was down four percentage points to 63.7 per cent.
The carrier group experienced deepest losses in revenue-ton-kilometre (RTK) in routes to Americas at 12.5 per cent and a load factor decline of eight per cent year on year, partially offset by a minimal capacity reduction of 1.8 per cent.
Africa/Middle East regions declined by 8.7 per cent year on year on a capacity reduction of four per cent. Europe also dropped by three per cent in RTK against slight capacity increase. Caribbean volume showed an uptick of 4.2 per cent while Indian Ocean traffic increased three per cent.
Passenger growth was led by the Americas with African/Middle East and European networks improving. Traffic was up slightly at 1.1 per cent for the Caribbean/Indian Ocean.
Europe's third largest cargo carrier is relying on a freight boost in its relaunch of a freight service to Hartsfield-Jackson Atlanta International Airport after exiting the service three years ago.
It hopes the twice-weekly 747F flights route to Atlanta from Paris-Charles de Gaulle will generate volumes when it starts on March 17. It is estimated to impact metro Atlanta and the southeast's economy by US$8 million to $12 million annually, said a company statement.
Source Shipping Gazette - Daily Shipping News
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