Cargo volumes improve at AF-KL-MP in first half

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Cargo at Air France KLM saw some improvement in the second quarter with increased traffic but revenue dipped slightly.

Tonnage was up 1.4 per cent in the second quarter to 286,000 tonnes, though remained at 558,000 tonnes for the first half.

Second quarter traffic in revenue tonne kilometres was up 2.7 per cent to 2.1 billion with capacity increasing 1.7 per cent to 3.6 billion, and load factors improving by 0.7 percentage points to 59.2 per cent.

For the first half of 2017, RTK increased 1.6 per cent to 4.2 billion, with capacity in available tonne kilometres up 0.3 per cent to 7 billion, and the load factor rose 0.8 percentage points to 59.7 per cent.

Total cargo revenue was down 0.2 per cent to €506 million ($595.5 million) in the second quarter and 2.5 per cent to €1 billion in the first half.

Revenue for the group was up 6.3 per cent in the second quarter to €6.6 billion and by 4.2 per cent to €12.3 billion in the first half, and the net result for the quarter came to €367 million, and €151 million in the first half.