Air France KLM Traffic Results - March 2014

- Passenger: disciplined capacity growth; impact of timing of Easter.
- Cargo: increase in load factor

Traffic Highlights
6.3 million passengers, 0.3%
Capacity growth on the Americas driven by Latin America (10.0%). Capacity up 1.6% on North America
Strong impact of medium-haul restructuring especially on Air France point-to-point network, compensated by capacity growth at KLM
Traffic, load factor and unit revenue negatively impacted by Easter week falling in April this year versus March last year
Unit revenue per available seat kilometer (RASK) ex-currency down compared with March 2013, due to the timing of Easter
No change in market trend identified during the first quarter.

Cargo:
Rise in load factor
Unit revenue per available ton kilometer (RATK) ex-currency down compared with March 2013

Recent developments
On 31st March, Air France launched a route to Brasilia, the third destination to Brazil, after Rio de Janeiro and Sao Paulo. This route is underpinned by the recent strengthening of the partnership with GOL. By next Summer the group will operate more than six flights per day to Brazil.
Air France-KLM selected the GEnx-1B engine to equip the Boeing 787-9 fleet. The agreement includes a partnership with General Electric on the GEnx engine maintenance. The first B787 will be delivered to KLM in October 2015 and to Air France in January 2017.
Air France-KLM also announced the acquisition of a US component support specialist, Barfield, enabling the group to complete its presence on the world’s number one aircraft maintenance market.
At the beginning of April, Air France launched a new advertising campaign in 12 countries in line with the ongoing product upgrade strategy.