AIRFRANCE KLM November 2014 Traffic Results

Traffic highlights
5.9 million passengers, +0.5%
Restructuring of point-to-point supports increase in load factor
Unit revenue per available seat kilometer (RASK) ex-currency down compared to November 2013

Transavia
0.5 million passengers, +22.0%
Ongoing accelerated development in France: capacity up 48.0%

Cargo
Unit revenue per available ton kilometer (RATK) ex-currency down compared to November 2013

Recent developments
Air France unveiled its new Short and Medium-Haul initiatives. In point-to-point, a presentation of the new Hop! Air France organization was given to the Air France Works Council. With respect to the Paris-Charles de Gaulle hub, the company is pursuing its move up-market by introducing, starting from April 2015, a new seat and a new catering proposition.

Having installed the new World Business Class on all its B747-400s, KLM brought its first B777-200 into service equipped with this new product and a new Economy cabin. The renovation of KLM’s 15 B777-200s will be completed by the end of 2015.

At the end of November, the Group entered into a hedging transaction to protect the value of half its Amadeus shares. The Group retains its shareholding amounting to 19.7 million shares (4.4% of the share capital).