AIR FRANCE KLM REPORTS DECEMBER 2013 TRAFFIC

 Passenger: rise in both traffic (3.2%) and load factor (0.9 points)
 Cargo: lower traffic (-3.7%) and load factor (-1.5 points) Passenger

In December 2013, passenger traffic rose by 3.2% for a 2.1% increase in capacity. As a result, the load factor rose by 0.9 points to 82.8%. The Group carried 6.2 million passengers (+3.7%). Unit revenue per available seat kilometer (RASK) ex-currency was resilient, despite the weakness of the French business travel market.

 On the Americas network, traffic rose by 6.5% for capacity up by 6.3%. The load factor was stable (0.1 points)at 87.5%, Capacity growth was driven by the Latin American network (9.6%), with slower growth in North America (4.3%).
 The Asia network posted a 0.7% decline in traffic for stable capacity (0.0%); the load factor declined by 0.6 points to 83.4%.
 On the Africa and Middle East network, traffic was up by 2.8% for a 3.4% increase in capacity; the load factor stood at 81.9%, down 0.5 points.
 The Caribbean and Indian Ocean network saw traffic increase by 1.8% for capacity up by 1.0%; the load factor rose by 0.7 points to 83.7%.
 The restructuring of the European network led to a 3.8% increase in traffic. With a 2.2% reduction in capacity, the load factor was up by 4.3 points to 74.5%.

Cargo
Cargo saw a 3.7% decline in traffic for capacity down by 1.5%, leading to a 1.5 point decline in load factor to 65.3%. Unit revenue per available ton kilometer (RATK) ex-currency was lower than in December 2012.

Recent developments
 Air France-KLM continues to refocus its medium-haul activity around its hubs. In December the group received a firm offer to purchase CityJet. The transaction is expected to close in the first quarter of 2014.

 In November, Air France-KLM was named as ‘Climate Performance Leader 2013’ by the Carbon Disclosure Project (CDP), a survey conducted on behalf of over 700 institutional investors, thereby joining the group of nine French recipients recognized within the top 250 French stock market capitalizations.