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Air France-KLM

Earnings Release May 11, 2018

1088_iss_2018-05-11_3b786c60-8b81-434b-bd4d-7cbc031cfc51.pdf

Earnings Release

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APRIL 2018 TRAFFIC

Group passenger activity: number of passengers -2.5%, and traffic -2.6% due to Air France strike. Load factor +0.4pt and unit revenue ex-currency slightly up compared to last year.

Traffic highlights

Passenger network activity Capacity Traffic Load Factor Change
(Air France, KLM, HOP!) (ASK, %ch.) (RPK, %ch.) (%) (pts)
Long-haul - 3.2% - 3.2% 88.7% + 0.0
North America - 5.0% - 5.5% 89.6% - 0.5
Latin America + 0.9% + 1.0% 89.1% + 0.1
Asia - 1.2% - 0.8% 90.4% + 0.4
Africa / Middle East - 5.1% - 5.0% 83.3% + 0.1
Caribbean / Indian Ocean - 5.5% - 5.1% 89.1% + 0.3
Short and Medium-haul - 5.8% - 4.1% 84.7% + 1.5
Total - 3.8% - 3.4% 87.9% + 0.4

6.9 million passengers: Air France -8.7% due to 8 days of strike, KLM +5.2%

Air France traffic -8.7%, KLM traffic +4.0%

Unit revenue ex-currency (in available seat-kilometer) slightly up compared to last year

Transavia activity Capacity Traffic Load Factor Change
(ASK, %ch.) (RPK, %ch.) (%) (pts)
Total + 3.0% + 4.3% 90.4% + 1.1

1.3 million passengers, +1.3%

Unit revenue per available seat kilometer (RASK) ex-currency down compared to last year (Easter shift)

Total group passenger
activity (Air France, KLM,
Capacity
(ASK, %ch.)
Traffic
(RPK, %ch.)
Load Factor
(%)
Change
(pts)
HOP!, Transavia)
Total - 3.1% - 2.6% 88.1% + 0.4

8.2 million passengers, -2.5%

Cargo activity Capacity Traffic Load Factor Change
(ATK, %ch.) (RTK, %ch.) (%) (pts)
Total - 6.1% - 6.0% 61.0% + 0.1

Unit revenue per available ton kilometer (RATK) ex-currency clearly up compared to last year

Agenda

15th May 2018: Annual General Meeting 8 th June 2018: May 2018 traffic 9 th July 2018: June 2018 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 [email protected] [email protected]

STATISTICS

Passenger network activity*

April Year to date
Total Passenger network* 2018 2017 Variation 2018 2017 Variation
Passengers carried ('000s) 6,859 7,086 (3.2%) 26,146 25,558 2.3%
Revenue pax-kilometers (m RPK) 20,021 20,720 (3.4%) 79,134 77,072 2.7%
Available seat-kilometers (m ASK) 22,789 23,679 (3.8%) 90,963 89,765 1.3%
Load factor (%) 87.9% 87.5% 0.4 87.0% 85.9% 1.1
Long-haul
Passengers carried ('000s) 2,136 2,218 (3.7%) 8,571 8,384 2.2%
Revenue pax-kilometers (m RPK) 16,099 16,628 (3.2%) 64,724 63,015 2.7%
Available seat-kilometers (m ASK) 18,159 18,766 (3.2%) 73,356 72,199 1.6%
Load factor (%) 88.7% 88.6% 0.0 88.2% 87.3% 1.0
North America
Passengers carried ('000s) 650 688 (5.5%) 2,265 2,241 1.1%
Revenue pax-kilometers (m RPK) 4,662 4,936 (5.5%) 16,241 16,028 1.3%
Available seat-kilometers (m ASK) 5,206 5,481 (5.0%) 18,438 18,521 (0.4%)
Load factor (%) 89.6% 90.1% (0.5) 88.1% 86.5% 1.5
Latin America
Passengers carried ('000s) 251 249 0.9% 1,102 1,004 9.8%
Revenue pax-kilometers (m RPK) 2,400 2,376 1.0% 10,494 9,568 9.7%
Available seat-kilometers (m ASK) 2,692 2,669 0.9% 11,551 10,703 7.9%
Load factor (%) 89.1% 89.0% 0.1 90.9% 89.4% 1.5
Asia / Pacific
Passengers carried ('000s) 501 504 (0.6%) 2,052 1,996 2.8%
Revenue pax-kilometers (m RPK) 4,408 4,442 (0.8%) 17,870 17,473 2.3%
Available seat-kilometers (m ASK) 4,876 4,935 (1.2%) 19,792 19,535 1.3%
Load factor (%) 90.4% 90.0% 0.4 90.3% 89.4% 0.8
Africa / Middle East
Passengers carried ('000s) 431 456 (5.6%) 1,794 1,802 (0.5%)
Revenue pax-kilometers (m RPK) 2,422 2,549 (5.0%) 10,197 10,163 0.3%
Available seat-kilometers (m ASK) 2,908 3,063 (5.1%) 12,464 12,473 (0.1%)
Load factor (%) 83.3% 83.2% 0.1 81.8% 81.5% 0.3
Caribbean / Indian.Ocean
Passengers carried ('000s) 303 320 (5.5%) 1,359 1,342 1.3%
Revenue pax-kilometers (m RPK) 2,206 2,325 (5.1%) 9,921 9,782 1.4%
Available seat-kilometers (m ASK) 2,477 2,620 (5.5%) 11,110 10,968 1.3%
Load factor (%) 89.1% 88.8% 0.3 89.3% 89.2% 0.1
Short and Medium-haul
Passengers carried ('000s) 4,723 4,868 (3.0%) 17,575 17,174 2.3%
Revenue pax-kilometers (m RPK) 3,923 4,091 (4.1%) 14,410 14,057 2.5%
Available seat-kilometers (m ASK) 4,630 4,913 (5.8%) 17,607 17,566 0.2%
Load factor (%) 84.7% 83.3% 1.5 81.8% 80.0% 1.8

* Air France KLM, and HOP!

Transavia activity

April Year to date
Transavia 2018 2017 Variation 2018 2017 Variation
Passengers carried ('000s) 1,349 1,332 1.3% 4,076 3,783 7.8%
Revenue pax-kilometers (m RPK) 2,347 2,251 4.3% 7,154 6,396 11.8%
Available seat-kilometers (m ASK) 2,597 2,522 3.0% 7,826 7,270 7.6%
Load factor (%) 90.4% 89.3% 1.1 91.4% 88.0% 3.4

Total group passenger activity**

April Year to date
Total group** 2018 2017 Variation 2018 2017 Variation
Passengers carried ('000s) 8,208 8,418 (2.5%) 30,222 29,341 3.0%
Revenue pax-kilometers (m RPK) 22,369 22,971 (2.6%) 86,288 83,468 3.4%
Available seat-kilometers (m ASK) 25,386 26,201 (3.1%) 98,789 97,035 1.8%
Load factor (%) 88.1% 87.7% 0.4 87.3% 86.0% 1.3

** Air France KLM, HOP! and Transavia

Cargo activity

April Year to date
Total Group 2018 2017 Variation 2018 2017 Variation
Revenue tonne-km (m RTK) 675 718 (6.0%) 2,711 2,763 (1.9%)
Available tonne-km (m ATK) 1,105 1,178 (6.1%) 4,520 4,573 (1.2%)
Load factor (%) 61.0% 60.9% 0.1 60.0% 60.4% (0.5)

Air France and HOP! activity

April Year to date
Total Passenger network activity 2018 2017 Variation 2018 2017 Variation
Passengers carried ('000s) 3,918 4,289 (8.7%) 15,496 15,735 (1.5%)
Revenue pax-kilometers (m RPK) 10,922 11,968 (8.7%) 44,904 44,964 (0.1%)
Available seat-kilometers (m ASK) 12,689 13,899 (8.7%) 52,374 53,057 (1.3%)
Load factor (%) 86.1% 86.1% (0.0) 85.7% 84.7% 1.0
Long-haul
Passengers carried ('000s) 1,188 1,304 (8.9%) 4,939 4,949 (0.2%)
Revenue pax-kilometers (m RPK) 8,703 9,504 (8.4%) 36,396 36,354 0.1%
Available seat-kilometers (m ASK) 10,006 10,861 (7.9%) 41,713 42,007 (0.7%)
Load factor (%) 87.0% 87.5% (0.5) 87.3% 86.5% 0.7
Short and Medium-haul
Passengers carried ('000s) 2,730 2,985 (8.5%) 10,558 10,786 (2.1%)
Revenue pax-kilometers (m RPK) 2,218 2,464 (10.0%) 8,508 8,610 (1.2%)
Available seat-kilometers (m ASK) 2,683 3,037 (11.7%) 10,661 11,050 (3.5%)
Load factor (%) 82.7% 81.1% 1.6 79.8% 77.9% 1.9
April Year to date
Cargo activity 2018 2017 Variation 2018 2017 Variation
Revenue tonne-km (m RTK) 275 316 (13.1%) 1,141 1,198 (4.7%)
Available tonne-km (m ATK) 511 564 (9.3%) 2,164 2,191 (1.2%)
Load factor (%) 53.7% 56.1% (2.4) 52.7% 54.7% (1.9)

KLM activity

April Year to date
Total Passenger network activity 2018 2017 Variation 2018 2017 Variation
Passengers carried ('000s) 2,941 2,797 5.2% 10,649 9,823 8.4%
Revenue pax-kilometers (m RPK) 9,100 8,752 4.0% 34,230 32,108 6.6%
Available seat-kilometers (m ASK) 10,099 9,781 3.3% 38,589 36,708 5.1%
Load factor (%) 90.1% 89.5% 0.6 88.7% 87.5% 1.2
Long-haul
Passengers carried ('000s) 948 914 3.8% 3,633 3,435 5.8%
Revenue pax-kilometers (m RPK) 7,395 7,124 3.8% 28,328 26,661 6.3%
Available seat-kilometers (m ASK) 8,153 7,905 3.1% 31,643 30,192 4.8%
Load factor (%) 90.7% 90.1% 0.6 89.5% 88.3% 1.2
Short and Medium-haul
Passengers carried ('000s) 1,993 1,883 5.8% 7,017 6,388 9.8%
Revenue pax-kilometers (m RPK) 1,704 1,628 4.7% 5,902 5,447 8.3%
Available seat-kilometers (m ASK) 1,947 1,875 3.8% 6,946 6,516 6.6%
Load factor (%) 87.6% 86.8% 0.8 85.0% 83.6% 1.4
April Year to date
Cargo activity 2018 2017 Variation 2018 2017 Variation
Revenue tonne-km (m RTK) 400 401 (0.3%) 1,569 1,565 0.3%
Available tonne-km (m ATK) 594 614 (3.2%) 2,357 2,382 (1.1%)
Load factor (%) 67.3% 65.4% 1.9 66.6% 65.7% 0.9

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