Air France-KLM says March traffic falls sharply

Air France-KLM says March traffic falls sharply
AFP
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First Published: Tue, Apr 07 2009. 12 31 PM IST
Updated: Tue, Apr 07 2009. 12 31 PM IST
Paris: Air France-KLM, Europe’s biggest airline, said on Tuesday that its March passenger traffic fell sharply as the economic situation got worse.
“March saw another, sharp deterioration in the (economic) environment,” it said in a statement, noting that a near three-percent fall in capacity was not enough to offset the wider downturn, with revenues slipping accordingly.
It said it carried 5.6 million passengers in March, down 9.8% from February, with the load factor -- seats filled -- falling 5.5 percentage points to 75.5%.
Cargo traffic was up 1.3%, it said, but this was because figures for Dutch freight operator Martinair were included.
If Marinair was excluded, cargo traffic in March was down 19.2%.
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First Published: Tue, Apr 07 2009. 12 31 PM IST