The Air France strike at the end of July has left its traces on the airline group’s monthly traffic report. Air France-KLM saw its capacity measured by Available Seat Kilometer (ASK) grow by 1% and a .5% higher traffic measured by Revenue Passenger Kilometer. The total number of passengers carried in July increased by 2.9% year-over-year. Year-to-date moderate growth of 3.8% is visible. Cargo revenue remained weak with RTK (Revenue per Tonne-Kilometer) being 7.4% lower year-over-year, but fits the restructuring profile and challening environment.
Air France’s passenger network activity showed the traces of the cabin crew strike. Air France and HOP! carried 4.4% passengers less to their destinations, while RPK and ASK contracted by 4.4% and 3.2% respectively. Year-to-date the load factors are stable and RPK, ASK and total passengers carried are roughly 1%-1.5% lower.
KLM saw its capacity grow by 4.2% and realized a 4.6% higher revenue. The number of passengers carried increased by 6.1% Year-to-date, the airline realized a passenger growth of 6.9%, while RPK and ASK grew by 4.5% and 2.9% respectively.
Transavia’s passenger network activity showed a 23.1% surge in passengers carried, while RPK rose with 12.9% and capacity rose by 13.%. Strong increases were driven by Transavia France and continued expansion. Year-to-date growth figures for Transavia are comparable to what it realized in June.
A push towards Dutch expansion
While Transavia and KLM are showing solid growth, Air France figures are diluting the group’s efforts in booking better financial results. With continued strikes the French carrier contributes to faster capacity growth and better topline results at their Dutch counterpart. Capacity growth will be awarded once the needed cost cutting measures have been taken.