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Sunday, February 12, 2012
News Making Money

Air France-KLM Oct traffic down 4.1 pct

09/11/2009 12:26 (824 Day 14:32 minutes ago)

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The FINANCIAL -- Passenger business

 

In October, traffic once again declined less than capacity (-4.1% and -5.6% respectively) leading to a 1.3 point improvement in load factor to 82.5%. All the networks, apart from Africa and the Middle East, saw higher load factors. The group carried 6.3 million passengers (-5.3%). Although unit revenues remained under pressure, they recorded a lesser decline.

On the Americas network, the decline in traffic (-4.4%) was well below the reduction in capacity (- 8.1%). The load factor improved by 3.5 points to 88.9%.

The Asia network saw a 4.5% drop in traffic with capacity down 5.1%. The load factor gained 0.5 point to 87.4%.

On the Africa and Middle East network, traffic was down 0.8% with capacity up 2.3%. The load factor declined by 2.5 points to 79.0%.

The Caribbean and Indian Ocean network recorded a decline in traffic of 4.3% with capacity down 5.8%, leading to a 1.3 point rise in load factor to 79.9%

On the European network, traffic declined by 5.5% with capacity down 7.2%. The load factor improved 1.3 points to 72.1%.


Cargo business


The cargo load factor slightly improved, by 0.3 points to 67.7%, on the back of declines in traffic and capacity of 19.1% and 19.4% respectively.

 

 

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Politics
Israel’s Peres vows cooperation with Greek Cyprus in gas drillingIsraeli

04/11/2011 04:38 (99 Day 23:20 minutes ago)

The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

 

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