Cargo demand fall in June for the Air France KLM Group

posted on 9th July 2019 by Justin Burns

Air France KLM Group is the latest to report declining figures as in June cargo demand fell compared to the same month last year.

In June, the group’s revenue tonne kilometres (RTK) were down 3.6 per cent on the 721 million in 2018 to 694 million. For the first half of the year, RTKs were though up a fraction on the same period last year as they rose 0.9 per cent.

Capacity, measured in available tonne kilometres (ATK) fell slightly by 0.1 per cent in June to 1.22 billion while the load factor fell 2.1 percentage points to 56.9 per cent.

In the first half of the year, ATKs were up 2.1 per cent to 4.16 billion on the same six months in 2018 and the load factor was down 0.7 percentage points to 58.8 per cent.

Figures varied for KLM and Air France and in June, Air France’s RTKs fell by 4.4 per cent to 312 million, ATKs were down 1.2 per cent to 617 million and the load factor was down 1.7 percentage points to 50.5 per cent.

In the first six months of the year, RTKs are though up on the same period in 2018 by 5.7 per cent, ATKs rose five per cent and the load factor was up 0.4 percentage points to 52.7 per cent.

In June, KLM’s RTKs fell by three per cent to 383 million compared to June last year, ATKs were up one per cent to 604 million and the load factor was down 2.6 percentage points to 63.4 per cent.

In the first six months of the year, RTKs are down 2.7 per cent on the same six months last year, ATKs down by 0.6 per cent and the load factor was up 1.4 percentage points to 64.9 per cent.