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Air France-KLM Cargo sees March decline

By Hpanchal on April 11, 2012

Air France-KLM’s freight volumes fell 3.4 percent, year-over-year, in March, on a capacity decrease of 0.6 percent. The carrier’s load factor also declined last month, dropping 2 percent, year-over-year, to 69.2 percent; adjusted unit revenue per available tonne kilometer remained flat, however, according to a press release.

Regionally, Air France-KLM saw the most marketed losses in the Americas, with RTK plunging 6.3 percent, year-over-year, and load factor dropping 4.3 percent from March 2011. Even so, these numbers are significantly better than those in February, which showed Air France-KLM’s RTK in the Americas shrinking 12.5 percent, year-over-year, and load factor dropping 8 percent, year-over-year.

The carrier also improved significantly from a month-over-month standpoint in Africa and the Middle East, despite only modest year-over-year gains. Air France-KLM’s freight operations in this region grew 0.4 percent, year-over-year, in March, amid a capacity decrease of 0.6 percent. Contrast this to the carrier’s February numbers, which saw RTK in Africa and Middle East falling 8.7 percent, year-over-year, on a capacity decrease of 4 percent.

Air France-KLM’s cargo operations in Europe, however, saw more drastic declines in March. RTK in this region dropped 4.1 percent, year-over-year, on a capacity decrease of 1 percent, according to a press release. In February, Air France-KLM’s RTK in Europe only declined 3 percent, year-over-year, amid a 1.6 percent, year-over-year, capacity surge.

March also proved to be a difficult month for Air France-KLM’s operations in the Asia-Pacific. In addition to RTK falling 2.8 percent, year-over-year, the carrier’s capacity in this region dropped 3.3 percent, year-over-year, according to a press release. Load factor actually rose, however, increasing 0.4 percent from March 2011.

Also rising was Air France-KLM’s freight tonnage in the Caribbean/Indian Ocean region. RTK improved 4.5 percent, year-over-year, amid a 7.3 percent, year-over-year, capacity surge in March.

The carrier’s passenger operations also saw growth in March, highlighted by a 6.8 percent, year-over-year, traffic increase. Regions of particular improvement included the African/Middle Eastern and European networks, with the Americas leading the way in growth.

Passenger traffic in the Asia-Pacific also improved significantly last month, increasing 6 percent from March 2011. Air France-KLM said this data was affected by the Japanese tsunami and earthquake, which occurred last March, however.

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