Air France-KLM Jan Traffic Down, Cargo Up

Passenger traffic at Air France-KLM fell 1.6 percent in January but there were fewer spare seats as reductions in capacity continued to cut deeper than the fall in bookings, the Franco-Dutch airline group said on Monday.

It also became the latest airline to report an upward flicker in cargo volumes after a prolonged slump in the air freight sector, which closely mirrors trends in the economy.

The passenger load factor improved by 1.4 percentage points to 78.0 percent as Air France-KLM held capacity down 3.4 percent, the group said. Traffic fell 0.5 percent on Americas and Asian networks.

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