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Air France-KLM report April cargo plunge

By control on May 9, 2012

Air France-KLM’s April freight volumes plunged 8.3 percent, year-over-year, on a capacity decline of 3.3 percent. The carrier’s cargo traffic was especially sluggish in the Americas and in the Asia-Pacific, with volumes falling 10.6 percent and 8.9 percent, year-over-year, respectively. Fortunately, traffic in the Caribbean/Indian Ocean region proved to be a bright spot for Air France-KLM in an otherwise cloudy month.

According to a press release, the carrier’s freight volumes in the Caribbean/Indian Ocean rose 15.6 percent, year-over-year, on a capacity surge of 9.5 percent. Air France-KLM’s load factor in this region also increased in April, improving 2.6 percent, year-over-year.

These numbers contrast greatly from the carrier’s freight volumes in Africa and the Middle East. Cargo in this region declined 8.3 percent, year-over-year, in April, leading to a load factor of only 59.4 percent. To address such declines, Air France-KLM reduced capacity to Africa and the Middle East by 3.1 percent, year-over-year, last month.

The carrier’s cargo operations in Europe also lagged in April. Freight volumes plunged 8.6 percent, year-over-year, in this region last month, amid a capacity decline of 5.3 percent. Air France-KLM’s load factor in Europe only dropped modestly in April, however, falling 0.4 percent from April 2011.

Overall, Air France-KLM’s freight load factor declined 3.5 percent, year-over-year, last month, to 64.2 percent; adjusted unit revenue per available tonne kilometer decreased relative to April 2011, however, according to a press release.

Despite these declines, Air France-KLM’s passenger volumes remained healthy in April, surging 2.3 percent, year-over-year. Regions of particular improvement included the Americas and European networks, with the Asia-Pacific leading the way in growth.

The carrier’s passenger volumes in the Caribbean/Indian Ocean region weren’t so impressive, however. Traffic in this network dropped 5.5 percent, year-over-year, in April, amid a capacity decline of 5.6 percent; load factor remained stable at 83.8 percent, according to the press release.

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