Revenues for Q3 15 were down 2.4% to €7.42bn lfl but up 10.4% on a reported basis. Importantly, capacity grew by +1.2% which is lower than the RPK at +2.2%. Revenues were boosted by solid peak season passenger numbers, while the Cargo activity continued to suffer from the structural overcapacity on the segment but AF-KLM’s capacity has been adjusted with the retirement of part of the fleet.
29 Oct 2015
Strong Q3 thanks to market improvement but structural issues remain
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong Q3 thanks to market improvement but structural issues remain
Air France-KLM SA (AFK:WBO) | 0 0 (-5.7%) | Mkt Cap: 4,338m
- Published:
29 Oct 2015 -
Author:
Thomas Picherit -
Pages:
2
Revenues for Q3 15 were down 2.4% to €7.42bn lfl but up 10.4% on a reported basis. Importantly, capacity grew by +1.2% which is lower than the RPK at +2.2%. Revenues were boosted by solid peak season passenger numbers, while the Cargo activity continued to suffer from the structural overcapacity on the segment but AF-KLM’s capacity has been adjusted with the retirement of part of the fleet.