Air France KLM July 2009 Traffic

Passenger business

The decline in traffic in July was limited to 3.3%, after a drop of 5.8% in the First Quarter. Capacity, meanwhile, was reduced by 4.1%, leading to a 0.7 point improvement in load factor to 85.1%. The group carried 6.9 million passengers (-4.5%). The deterioration in unit revenues was slightly less pronounced than in previous months.

- On the Americas network, traffic declined by 4.3% with capacity down by 5.9%. The load factor rose 1.5 points to 89.9%.

- The Asia network improved slightly relative to previous months with a 5.5% decline in traffic, less than the reduction in capacity of 6.2%. The load factor improved slightly to 87.8% (+0.7points).

- On the Africa and Middle East network, traffic progressed by 3.3% with capacity up by 4.3%. The load factor fell 0.8 points to 85.1%.

- Traffic on the Caribbean and Indian Ocean network declined 1.0% with capacity down 0.5%. The load factor stood at 82.4%, down 0.4 points.

- On the European network, the decline in traffic of 4.8% was below that of capacity (-6.0%). The load factor improved slightly to 76.7% (+1.0 point).

Cargo business

Traffic and capacity data for July 2008 are proforma including Martinair. The decline in traffic (-17.2%) was in line with that of capacity (-17.0%) leading to a stable load factor of

64%. This data confirms the trend towards a stabilization in the cargo activity, with a progressive adjustment of capacity to demand.

(c) Centre for Asia Pacific Aviation. Date posted: 7-Aug-09