Friday, February 21, 2020

Air France-KLM last quarter underscores the current global air cargo status

Fourth-quarter volumes slipped by 5% on a year ago to 288,000 tons and load factors were 4.5 percentage points to 59.5%. Aviation

February 21, 2020: In the view of Air France-KLM group's fourth quarter 2019, the Covid-19 situation has impacted the demand outlook globally, with the biggest hit taken by the Asian network. This translates in long-haul forward booking load factors down from February to May 2020. As a consequence, the Group anticipates unit revenues at constant currency to be down for the first quarter of 2020.The Cargo activity will seemingly maintain pressure on the load factor and capitulate

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