The number of passengers fell by 1.3% to 10.7m in the last month which brought the ytd number to 73.2m, an increase of 0.5%. As the offer of seat-kilometres was increased by 2.1% but demand fell by 1.4%, the SLF was down by 3.0pp to 84.7%. It was down by 2.0pp to 78.9% through to August. The Logistics division did better. Offer for freight-kilometres increased by 0.6% while demand was up by 0.7%. Consequently, the FLF improved by 0.1pp to 61.8% (ytd: -1.3pp to 65.0%).