#Air France#KLM#Cargo#Financial results#December#Yearly

Air France KLM saw cargo decline in 2012

Follow @Ella_Copeland Decembers air traffic results painted a dismal picture for cargo traffic at Air France KLM, which saw a continuing reduction in c...

Freddie Pierce
|Jan 8|magazine3 min read

December’s air traffic results painted a dismal picture for cargo traffic at Air France KLM, which saw a continuing reduction in cargo capacity throughout 2012.

 

Following a reduction in full-freighter capacity of 4 percent, cargo traffic reductions stood at 5.7 percent in December, with a declining load factor by 1.2 point to 66.9 percent, according to an online statement released by Air France KLM.

Less cargo space filled

Unit revenue per tonne kilometre (RATK) for the firm was slightly down when compared to December 2011 levels, with a reduction of 3.5 percent in capacity and 6.3 percent in traffic for 2012 as a whole. This led to a 1.9 point reduction in the load factor (percentage of space filled) to 64.5 percent.

Rising passenger levels

Despite this drop in cargo levels, Air France KLM achieved a rise in passenger numbers over the last year, increasing capacity by 0.6 percent and increasing the number of seats filled by 1.2 percentage points when compared to December 2011.

Overall, traffic in December 2012 was ‘perturbed by severe weather conditions’, particularly in North America.