11th May 2015
APRIL 2015 TRAFFIC
- Passenger network: strict capacity discipline
- Ongoing accelerated development of Transavia in France
- Restructuring of cargo: full-freighter capacity down 30%
Traffic highlights
| Passenger network activity (Air France, KLM, HOP!) | Capacity (ASK, %ch.) | Traffic (RPK, %ch.) | Load Factor (%) | Change (pts) |
| Long-haul | + 1.9% | + 0.7% | 85.2% | - 1.1 |
| North America | + 1.9% | + 0.0% | 87.0% | - 1.6 |
| Latin America | + 6.1% | + 2.5% | 83.4% | - 3.0 |
| Asia | + 1.9% | + 0.7% | 85.3% | - 1.1 |
| Africa / Middle East | - 0.5% | - 2.5% | 80.4% | - 1.6 |
| Caribbean / Indian Ocean | + 0.3% | + 3.6% | 89.5% | + 2.9 |
| Short and Medium-haul | - 5.5% | - 4.4% | 80.0% | + 0.9 |
| Total passenger network | + 0.3% | - 0.4% | 84.2% | - 0.6 |
- 6.5 million passengers, down 2.0%
- Increased pressure on unit revenue in the month of April including Easter calendar effect. Unit revenue per available seat kilometer (RASK) ex-currency down compared to April 2014, reflecting the expected capacity/demand balances in the different regions, in line with the expected outlook for the year: almost all of the expected savings on the fuel bill could be offset by unit revenue pressure and negative currency impacts
| Transavia activity | Capacity (ASK, %ch.) | Traffic (RPK, %ch.) | Load Factor (%) | Change (pts) |
| Total | + 7.1% | + 4.6% | 88.4% | - 2.1 |
- 0.8 million passengers, +7.6%
- Ongoing accelerated development of Transavia in France, capacity up 24%
| Total group passenger activity | Capacity (ASK, %ch.) | Traffic (RPK, %ch.) | Load Factor (%) | Change (pts) |
| Total | + 0.8% | 0.0% | 84.5% | - 0.7 |
- 7.3 million passengers, down 1.0%
| Cargo activity | Capacity (ATK, %ch.) | Traffic (RTK, %ch.) | Load Factor (%) | Change (pts) |
| Total | - 7.0% | - 14.9% | 59.3% | - 5.5 |
- Unit revenue per available ton kilometer (RATK) ex-currency down compared to April 2014
Recent Developments
- On April 10th, following a very high level of interest, Air France-KLM has increased the size of the perpetual subordinated bond issue realized on 26 March, raising an additional 200 million euros at a yield of 5.5%.
- On April 29th, Air France-KLM and Air France signed a 1.1 billion euro revolving credit facility with 13 international banks, finalizing the early refinancing of the credit facility which was due to mature in April 2016.
Agenda
21 May 2015: Annual General Meeting of shareholders
8 June 2015: May 2015 traffic
8 July 2015: June 2015 traffic
| Investors | Press | |
| Bertrand Delcaire | Dirk Voermans | +33 1 41 56 56 00 |
| +33 1 49 89 52 59 | +33 1 49 89 52 60 | |
| bedelcaire@airfranceklm.com Website: www.airfranceklm-finance.com | divoermans@airfranceklm.com | |
| www.airfranceklm.com |
STATISTICS
Passenger network activity*
| April | Year to date | ||||||
| Total Passenger network* | 2015 | 2014 | Variation | 2015 | 2014 | Variation | |
| Passengers carried ('000s) | 6,529 | 6,662 | (2.0%) | 23,893 | 23,979 | (0.4%) | |
| Revenue pax-kilometers (m RPK) | 19,155 | 19,226 | (0.4%) | 72,072 | 72,253 | (0.3%) | |
| Available seat-kilometers (m ASK) | 22,760 | 22,685 | 0.3% | 86,866 | 86,731 | 0.2% | |
| Load factor (%) | 84.2% | 84.8% | (0.6) | 83.0% | 83.3% | (0.3) | |
| Long-haul | |||||||
| Passengers carried ('000s) | 2,064 | 2,045 | 0.9% | 7,863 | 7,832 | 0.4% | |
| Revenue pax-kilometers (m RPK) | 15,475 | 15,375 | 0.7% | 59,111 | 59,082 | 0.0% | |
| Available seat-kilometers (m ASK) | 18,157 | 17,816 | 1.9% | 69,737 | 69,123 | 0.9% | |
| Load factor (%) | 85.2% | 86.3% | (1.1) | 84.8% | 85.5% | (0.7) | |
| North America | |||||||
| Passengers carried ('000s) | 611 | 610 | 0.0% | 2,065 | 2,023 | 2.1% | |
| Revenue pax-kilometers (m RPK) | 4,319 | 4,318 | 0.0% | 14,667 | 14,385 | 2.0% | |
| Available seat-kilometers (m ASK) | 4,964 | 4,871 | 1.9% | 16,986 | 16,667 | 1.9% | |
| Load factor (%) | 87.0% | 88.6% | (1.6) | 86.3% | 86.3% | 0.0 | |
| Latin America | |||||||
| Passengers carried ('000s) | 239 | 233 | 2.5% | 946 | 943 | 0.3% | |
| Revenue pax-kilometers (m RPK) | 2,293 | 2,238 | 2.5% | 9,109 | 9,058 | 0.6% | |
| Available seat-kilometers (m ASK) | 2,749 | 2,591 | 6.1% | 10,616 | 10,448 | 1.6% | |
| Load factor (%) | 83.4% | 86.4% | (3.0) | 85.8% | 86.7% | (0.9) | |
| Asia / Pacific | |||||||
| Passengers carried ('000s) | 507 | 497 | 2.0% | 1,957 | 1,921 | 1.9% | |
| Revenue pax-kilometers (m RPK) | 4,440 | 4,411 | 0.7% | 17,011 | 17,007 | 0.0% | |
| Available seat-kilometers (m ASK) | 5,208 | 5,110 | 1.9% | 20,013 | 19,689 | 1.6% | |
| Load factor (%) | 85.3% | 86.3% | (1.1) | 85.0% | 86.4% | (1.4) | |
| Africa / Middle East | |||||||
| Passengers carried ('000s) | 419 | 426 | (1.5%) | 1,665 | 1,725 | (3.5%) | |
| Revenue pax-kilometers (m RPK) | 2,328 | 2,387 | (2.5%) | 9,350 | 9,755 | (4.2%) | |
| Available seat-kilometers (m ASK) | 2,897 | 2,912 | (0.5%) | 12,006 | 12,184 | (1.5%) | |
| Load factor (%) | 80.4% | 82.0% | (1.6) | 77.9% | 80.1% | (2.2) | |
| Caribbean / Indian, Ocean | |||||||
| Passengers carried ('000s) | 289 | 279 | 3.5% | 1,231 | 1,220 | 0.9% | |
| Revenue pax-kilometers (m RPK) | 2,094 | 2,021 | 3.6% | 8,974 | 8,877 | 1.1% | |
| Available seat-kilometers (m ASK) | 2,339 | 2,332 | 0.3% | 10,116 | 10,135 | (0.2%) | |
| Load factor (%) | 89.5% | 86.6% | 2.9 | 88.7% | 87.6% | 1.1 | |
| Short and Medium-haul | |||||||
| Passengers carried ('000s) | 4,465 | 4,617 | (3.3%) | 16,030 | 16,147 | (0.7%) | |
| Revenue pax-kilometers (m RPK) | 3,681 | 3,852 | (4.4%) | 12,961 | 13,171 | (1.6%) | |
| Available seat-kilometers (m ASK) | 4,603 | 4,869 | (5.5%) | 17,128 | 17,609 | (2.7%) | |
| Load factor (%) | 80.0% | 79.1% | 0.9 | 75.7% | 74.8% | 0.9 | |
* Air France, KLM, and HOP!
Transavia activity
| April | Year to date | ||||||
| Transavia | 2015 | 2014 | Variation | 2015 | 2014 | Variation | |
| Passengers carried ('000s) | 810 | 753 | 7.6% | 2,466 | 2,233 | 10.4% | |
| Revenue pax-kilometers (m RPK) | 1,564 | 1,495 | 4.6% | 4,581 | 4,312 | 6.2% | |
| Available seat-kilometers (m ASK) | 1,770 | 1,653 | 7.1% | 5,201 | 4,919 | 5.7% | |
| Load factor (%) | 88.4% | 90.5% | (2.1) | 88.1% | 87.7% | 0.4 | |
Total group passenger activity**
| April | Year to date | ||||||
| Total group** | 2015 | 2014 | Variation | 2015 | 2014 | Variation | |
| Passengers carried ('000s) | 7,339 | 7,415 | (1.0%) | 26,360 | 26,212 | 0.6% | |
| Revenue pax-kilometers (m RPK) | 20,720 | 20,722 | (0.0%) | 76,653 | 76,565 | 0.1% | |
| Available seat-kilometers (m ASK) | 24,530 | 24,338 | 0.8% | 92,067 | 91,650 | 0.5% | |
| Load factor (%) | 84.5% | 85.1% | (0.7) | 83.3% | 83.5% | (0.3) | |
** Air France, KLM, HOP! and Transavia
Cargo activity
| April | Year to date | ||||||
| Total group | 2015 | 2014 | Variation | 2015 | 2014 | Variation | |
| Revenue tonne-km (m RTK) | 703 | 827 | (14.9%) | 2,964 | 3,292 | (10.0%) | |
| Available tonne-km (m ATK) | 1,186 | 1,276 | (7.0%) | 4,921 | 5,080 | (3.1%) | |
| Load factor (%) | 59.3% | 64.8% | (5.5) | 60.2% | 64.8% | (4.6) | |
