KLM traffic down 6 pct in Jan
Feb 5, 2002, 5:01 am
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KLM traffic down 6 pct in Jan
KLM traffic down 6 pct in Jan
AMSTERDAM, Feb 5 (Reuters) - KLM Royal Dutch Airlines (NYSE:KLM - news) said on Tuesday that passenger and cargo traffic in January was six percent lower than a year ago and reiterated that it was seeing the first signs of a market recovery.
http://biz.yahoo.com/rf/020205/aat001921_1.html
AMSTERDAM, Feb 5 (Reuters) - KLM Royal Dutch Airlines (NYSE:KLM - news) said on Tuesday that passenger and cargo traffic in January was six percent lower than a year ago and reiterated that it was seeing the first signs of a market recovery.
http://biz.yahoo.com/rf/020205/aat001921_1.html
Feb 5, 2002, 11:00 am
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http://about.klm.com/news/newsitems/...0205080623.asp
Overall traffic
With a 6% year-on-year decline in overall traffic, January continued to show the relative improvement in traffic already apparent during the third quarter ended December 31, 2001. As capacity was also 6% lower, overall load factor changed only marginally by a negative 0.3 of a percentage point.
Passenger traffic
The positive trend in overall traffic was mainly caused by the continued positive development of passenger traffic. With 7% less traffic and 8% less capacity, passenger load factor improved by 0.7 of a percentage point. Traffic on North Atlantic routes was still weak but, despite a 20% drop compared to January 2001, the decline was still less pronounced than in previous months. Traffic in the Africa route area showed a strong year-on-year increase, while traffic on Central and South Atlantic routes was also higher than last year. The recovery in passenger traffic was visible in both Business and Economy Class.
Cargo traffic
January cargo traffic decreased 4% year-on-year - a relative improvement compared to December, when traffic was 5% lower. The decrease in traffic was mainly caused by less traffic on North Atlantic routes. After a weak performance in the first two weeks of January, traffic recovered in the second half of the month, especially on Asian routes.
As cargo capacity was 2% lower, load factor decreased by 1.5 percentage points to 66.6%.
Overall traffic
With a 6% year-on-year decline in overall traffic, January continued to show the relative improvement in traffic already apparent during the third quarter ended December 31, 2001. As capacity was also 6% lower, overall load factor changed only marginally by a negative 0.3 of a percentage point.
Passenger traffic
The positive trend in overall traffic was mainly caused by the continued positive development of passenger traffic. With 7% less traffic and 8% less capacity, passenger load factor improved by 0.7 of a percentage point. Traffic on North Atlantic routes was still weak but, despite a 20% drop compared to January 2001, the decline was still less pronounced than in previous months. Traffic in the Africa route area showed a strong year-on-year increase, while traffic on Central and South Atlantic routes was also higher than last year. The recovery in passenger traffic was visible in both Business and Economy Class.
Cargo traffic
January cargo traffic decreased 4% year-on-year - a relative improvement compared to December, when traffic was 5% lower. The decrease in traffic was mainly caused by less traffic on North Atlantic routes. After a weak performance in the first two weeks of January, traffic recovered in the second half of the month, especially on Asian routes.
As cargo capacity was 2% lower, load factor decreased by 1.5 percentage points to 66.6%.