Air France-KLM

Earnings Release • Jul 8, 2019

8 July 2019

JUNE 2019 TRAFFIC

Group passenger activity: number of passengers +3.4%, traffic +4.2%, load factor +1.5pt

Traffic highlights

Passenger network activity	Capacity	Traffic	Load Factor	Change
(Air France and KLM)	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Long-haul	+ 1.6%	+ 3.3%	90.9%	+ 1.5
North America	+ 4.0%	+ 5.0%	92.9%	+ 0.9
Latin America	+ 4.3%	+ 4.0%	91.3%	- 0.3
Asia	+ 1.8%	+ 3.3%	92.4%	+ 1.3
Africa / Middle East	- 4.6%	- 2.0%	85.3%	+ 2.3
Caribbean / Indian Ocean	- 0.9%	+ 4.1%	88.8%	+ 4.2
Short and Medium-haul	+ 1.5%	+ 3.3%	88.0%	+ 1.5
Total	+ 1.6%	+ 3.3%	90.3%	+ 1.5

7.9 million passengers, +2.2%

Transavia activity	Capacity	Traffic	Load Factor	Change
	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Total	+ 10.1%	+ 11.1%	93.6%	+ 0.8

1.7 million passengers, +9.0%

Total group passenger	Capacity	Traffic	Load Factor
activity (Air France, KLM	(ASK, %ch.)	(RPK, %ch.)	(%)	Change (pts)
and Transavia)
Total	+ 2.5%	+ 4.2%	90.7%	+ 1.5

9.7 million passengers, +3.4%

Cargo activity	Capacity	Traffic	Load Factor	Change
	(ATK, %ch.)	(RTK, %ch.)	(%)	(pts)
Total	- 0.1%	- 3.6%	56.9%	- 2.1

Agenda

31st July: First Half 2019 results 8th August: July 2019 traffic 9 th September: August 2019 traffic

Investor relations Press Marie-Agnès de Peslouan Wouter van Beek

Website: www.airfranceklm.com

+33 1 49 89 52 59 +33 1 49 89 52 60 +33 1 41 56 56 00 madepeslouan@airfranceklm.com wouter-van.beek@airfranceklm.com

STATISTICS

Passenger network activity*

	June			Year to date
Total Passenger network*	2019	2018	Variation	2019	2018	Variation
Passengers carried ('000s)	7,915	7,742	2.2%	42,651	41,140	3.7%
Revenue pax-kilometers (m RPK)	23,023	22,292	3.3%	127,241	122,537	3.8%
Available seat-kilometers (m ASK)	25,486	25,094	1.6%	145,439	140,991	3.2%
Load factor (%)	90.3%	88.8%	1.5	87.5%	86.9%	0.6
Long-haul
Passengers carried ('000s)	2,442	2,367	3.2%	13,629	13,171	3.5%
Revenue pax-kilometers (m RPK)	18,402	17,818	3.3%	103,155	99,436	3.7%
Available seat-kilometers (m ASK)	20,234	19,921	1.6%	116,735	113,152	3.2%
Load factor (%)	90.9%	89.4%	1.5	88.4%	87.9%	0.5
North America
Passengers carried ('000s)	856	813	5.4%	4,056	3,809	6.5%
Revenue pax-kilometers (m RPK)	6,061	5,770	5.0%	28,886	27,236	6.1%
Available seat-kilometers (m ASK)	6,526	6,275	4.0%	32,660	30,775	6.1%
Load factor (%)	92.9%	91.9%	0.9	88.4%	88.5%	(0.1)
Latin America
Passengers carried ('000s)	300	287	4.7%	1,795	1,664	7.9%
Revenue pax-kilometers (m RPK)	2,884	2,774	4.0%	17,073	15,915	7.3%
Available seat-kilometers (m ASK)	3,158	3,029	4.3%	19,174	17,627	8.8%
Load factor (%)	91.3%	91.6%	(0.3)	89.0%	90.3%	(1.2)
Asia / Pacific
Passengers carried ('000s)	564	545	3.5%	3,246	3,121	4.0%
Revenue pax-kilometers (m RPK)	4,940	4,784	3.3%	28,333	27,280	3.9%
Available seat-kilometers (m ASK)	5,344	5,248	1.8%	31,281	30,387	2.9%
Load factor (%)	92.4%	91.2%	1.3	90.6%	89.8%	0.8
Africa / Middle East
Passengers carried ('000s)	446	457	(2.5%)	2,636	2,679	(1.6%)
Revenue pax-kilometers (m RPK)	2,509	2,559	(2.0%)	14,953	15,165	(1.4%)
Available seat-kilometers (m ASK)	2,943	3,086	(4.6%)	18,076	18,673	(3.2%)
Load factor (%)	85.3%	82.9%	2.3	82.7%	81.2%	1.5
Caribbean / Indian Ocean
Passengers carried ('000s)	275	266	3.5%	1,896	1,897	(0.1%)
Revenue pax-kilometers (m RPK)	2,009	1,930	4.1%	13,909	13,840	0.5%
Available seat-kilometers (m ASK)	2,263	2,283	(0.9%)	15,544	15,689	(0.9%)
Load factor (%)	88.8%	84.5%	4.2	89.5%	88.2%	1.3
Short and Medium-haul
Passengers carried ('000s)	5,472	5,375	1.8%	29,022	27,969	3.8%
Revenue pax-kilometers (m RPK)	4,621	4,475	3.3%	24,087	23,101	4.3%
Available seat-kilometers (m ASK)	5,253	5,174	1.5%	28,704	27,839	3.1%
Load factor (%)	88.0%	86.5%	1.5	83.9%	83.0%	0.9

* Air France and KLM

Transavia activity

	June			Year to date
Transavia	2019	2018	Variation	2019	2018	Variation
Passengers carried ('000s)	1,743	1,599	9.0%	7,823	7,314	7.0%
Revenue pax-kilometers (m RPK)	3,131	2,819	11.1%	14,122	12,830	10.1%
Available seat-kilometers (m ASK)	3,346	3,038	10.1%	15,353	13,951	10.1%
Load factor (%)	93.6%	92.8%	0.8	92.0%	92.0%	0.0

Total group passenger activity**

	June			Year to date
Total group**	2019	2018	Variation	2019	2018	Variation
Passengers carried ('000s)	9,658	9,342	3.4%	50,474	48,453	4.2%
Revenue pax-kilometers (m RPK)	26,154	25,111	4.2%	141,363	135,367	4.4%
Available seat-kilometers (m ASK)	28,832	28,133	2.5%	160,793	154,941	3.8%
Load factor (%)	90.7%	89.3%	1.5	87.9%	87.4%	0.6

** Air France, KLM and Transavia

Cargo activity

	June			Year to date
Total Group	2019	2018	Variation	2019	2018	Variation
Revenue tonne-km (m RTK)	694	721	(3.6%)	4,168	4,132	0.9%
Available tonne-km (m ATK)	1,221	1,222	(0.1%)	7,092	6,947	2.1%
Load factor (%)	56.9%	59.0%	(2.1)	58.8%	59.5%	(0.7)

Air France activity

	June			Year to date
Total Passenger network activity	2019	2018	Variation	2019	2018	Variation
Passengers carried ('000s)	4,785	4,752	0.7%	25,672	24,522	4.7%
Revenue pax-kilometers (m RPK)	13,543	13,015	4.1%	74,263	69,846	6.3%
Available seat-kilometers (m ASK)	15,154	14,841	2.1%	85,840	81,661	5.1%
Load factor (%)	89.4%	87.7%	1.7	86.5%	85.5%	1.0
Long-haul
Passengers carried ('000s)	1,462	1,400	4.4%	8,091	7,622	6.1%
Revenue pax-kilometers (m RPK)	10,766	10,273	4.8%	59,817	56,123	6.6%
Available seat-kilometers (m ASK)	11,944	11,619	2.8%	68,281	64,721	5.5%
Load factor (%)	90.1%	88.4%	1.7	87.6%	86.7%	0.9
Short and Medium-haul
Passengers carried ('000s)	3,323	3,352	(0.9%)	17,582	16,900	4.0%
Revenue pax-kilometers (m RPK)	2,777	2,742	1.3%	14,446	13,723	5.3%
Available seat-kilometers (m ASK)	3,210	3,222	(0.4%)	17,559	16,940	3.7%
Load factor (%)	86.5%	85.1%	1.4	82.3%	81.0%	1.3

	June			Year to date
Cargo activity	2019	2018	Variation	2019	2018	Variation
Revenue tonne-km (m RTK)	312	326	(4.4%)	1,866	1,765	5.7%
Available tonne-km (m ATK)	617	624	(1.2%)	3,543	3,376	5.0%
Load factor (%)	50.5%	52.2%	(1.7)	52.7%	52.3%	0.4

KLM activity

	June			Year to date
Total Passenger network activity	2019	2018	Variation	2019	2018	Variation
Passengers carried ('000s)	3,130	2,990	4.7%	16,979	16,618	2.2%
Revenue pax-kilometers (m RPK)	9,480	9,278	2.2%	52,979	52,691	0.5%
Available seat-kilometers (m ASK)	10,332	10,254	0.8%	59,599	59,329	0.5%
Load factor (%)	91.7%	90.5%	1.3	88.9%	88.8%	0.1
Long-haul
Passengers carried ('000s)	980	967	1.3%	5,538	5,549	(0.2%)
Revenue pax-kilometers (m RPK)	7,636	7,545	1.2%	43,338	43,313	0.1%
Available seat-kilometers (m ASK)	8,289	8,302	(0.1%)	48,454	48,431	0.0%
Load factor (%)	92.1%	90.9%	1.2	89.4%	89.4%	0.0
Short and Medium-haul
Passengers carried ('000s)	2,150	2,023	6.3%	11,441	11,069	3.4%
Revenue pax-kilometers (m RPK)	1,844	1,733	6.4%	9,640	9,378	2.8%
Available seat-kilometers (m ASK)	2,043	1,952	4.7%	11,145	10,898	2.3%
Load factor (%)	90.2%	88.8%	1.5	86.5%	86.1%	0.4

	June			Year to date
Cargo activity	2019	2018	Variation	2019	2018	Variation
Revenue tonne-km (m RTK)	383	394	(3.0%)	2,302	2,366	(2.7%)
Available tonne-km (m ATK)	604	598	1.0%	3,549	3,571	(0.6%)
Load factor (%)	63.4%	66.0%	(2.6)	64.9%	66.3%	(1.4)