Air France-KLM

Regulatory Filings • Apr 10, 2018

MARCH 2018 TRAFFIC

Group passenger activity: number of passengers +5.4%, traffic measured in revenue passenger-kilometer +6.1% and load factor +2.7pt. Unit revenue ex-currency (measured in available seat-kilometer) 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	+ 2.3%	+ 5.2%	88.5%	+ 2.4
North America	+ 0.6%	+ 5.5%	90.4%	+ 4.3
Latin America	+ 9.6%	+ 12.9%	89.6%	+ 2.6
Asia	+ 1.0%	+ 4.1%	90.4%	+ 2.7
Africa / Middle East	+ 1.0%	+ 2.0%	80.4%	+ 0.8
Caribbean / Indian Ocean	+ 2.1%	+ 2.8%	89.9%	+ 0.6
Short and Medium-haul	+ 1.4%	+ 4.9%	82.6%	+ 2.7
Total	+ 2.2%	+ 5.2%	87.3%	+ 2.5

6.9 million passengers, +4.2%

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

The impact on Air France operating income of the seven days of strike between February 22 and April 11, 2018 is estimated around -170 million euros

Transavia activity	Capacity	Traffic	Load Factor	Change
	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Total	+ 11.7%	+ 17.2%	93.7%	+ 4.4

1.1 million passengers, +14.2%

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

Total group passenger activity (Air France, KLM, HOP!, Transavia)	Capacity (ASK, %ch.)	Traffic (RPK, %ch.)	Load Factor (%)	Change (pts)
Total	+ 2.8%	+ 6.1%	87.8%	+ 2.7

8.0 million passengers, +5.4%

Cargo activity	Capacity	Traffic	Load Factor	Change
	(ATK, %ch.)	(RTK, %ch.)	(%)	(pts)
Total	- 0.8%	- 1.7%	62.7%	- 0.6

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

Agenda

4 th May 2018: 1st Quarter 2018 results 11th May 2018: April 2018 traffic 15th May 2018: Annual General Meeting

Investor relations Press

Marie-Agnès de Peslouan Wouter van Beek madepeslouan@airfranceklm.com wouter-van.beek@airfranceklm.com Website: www.airfranceklm.com

+33 1 49 89 52 59 +33 1 49 89 52 60 +33 1 41 56 56 00

STATISTICS

Passenger network activity*

		March			Year to date
Total Passenger network*	2018	2017	Variation	2018	2017	Variation
Passengers carried ('000s)	6,928	6,649	4.2%	19,287	18,472	4.4%
Revenue pax-kilometers (m RPK)	20,723	19,705	5.2%	59,112	56,352	4.9%
Available seat-kilometers (m ASK)	23,728	23,228	2.2%	68,174	66,086	3.2%
Load factor (%)	87.3%	84.8%	2.5	86.7%	85.3%	1.4
Long-haul
Passengers carried ('000s)	2,235	2,131	4.9%	6,435	6,166	4.4%
Revenue pax-kilometers (m RPK)	16,880	16,041	5.2%	48,626	46,386	4.8%
Available seat-kilometers (m ASK)	19,078	18,643	2.3%	55,197	53,433	3.3%
Load factor (%)	88.5%	86.0%	2.4	88.1%	86.8%	1.3
North America
Passengers carried ('000s)	608	577	5.4%	1,615	1,553	4.0%
Revenue pax-kilometers (m RPK)	4,352	4,123	5.5%	11,579	11,093	4.4%
Available seat-kilometers (m ASK)	4,813	4,786	0.6%	13,233	13,041	1.5%
Load factor (%)	90.4%	86.1%	4.3	87.5%	85.1%	2.4
Latin America
Passengers carried ('000s)	281	249	12.9%	850	754	12.7%
Revenue pax-kilometers (m RPK)	2,693	2,386	12.9%	8,095	7,191	12.6%
Available seat-kilometers (m ASK)	3,006	2,742	9.6%	8,858	8,034	10.3%
Load factor (%)	89.6%	87.0%	2.6	91.4%	89.5%	1.9
Asia / Pacific
Passengers carried ('000s)	535	509	5.1%	1,550	1,491	4.0%
Revenue pax-kilometers (m RPK)	4,655	4,471	4.1%	13,462	13,031	3.3%
Available seat-kilometers (m ASK)	5,152	5,099	1.0%	14,916	14,600	2.2%
Load factor (%)	90.4%	87.7%	2.7	90.3%	89.3%	1.0
Africa / Middle East
Passengers carried ('000s)	463	455	1.6%	1,363	1,346	1.3%
Revenue pax-kilometers (m RPK)	2,629	2,578	2.0%	7,774	7,614	2.1%
Available seat-kilometers (m ASK)	3,268	3,235	1.0%	9,556	9,410	1.6%
Load factor (%)	80.4%	79.7%	0.8	81.4%	80.9%	0.4
Caribbean / Indian.Ocean
Passengers carried ('000s)	349	340	2.4%	1,056	1,021	3.4%
Revenue pax-kilometers (m RPK)	2,553	2,484	2.8%	7,715	7,457	3.5%
Available seat-kilometers (m ASK)	2,840	2,781	2.1%	8,634	8,348	3.4%
Load factor (%)	89.9%	89.3%	0.6	89.4%	89.3%	0.0
Short and Medium-haul
Passengers carried ('000s)	4,693	4,518	3.9%	12,851	12,306	4.4%
Revenue pax-kilometers (m RPK)	3,843	3,664	4.9%	10,487	9,966	5.2%
Available seat-kilometers (m ASK)	4,650	4,585	1.4%	12,977	12,653	2.6%
Load factor (%)	82.6%	79.9%	2.7	80.8%	78.8%	2.0

* Air France KLM, and HOP!

Transavia activity

	March				Year to date
Transavia	2018	2017	Variation	2018	2017	Variation
Passengers carried ('000s)	1,081	947	14.2%	2,727	2,451	11.3%
Revenue pax-kilometers (m RPK)	1,880	1,604	17.2%	4,807	4,145	16.0%
Available seat-kilometers (m ASK)	2,007	1,797	11.7%	5,229	4,748	10.1%
Load factor (%)	93.7%	89.3%	4.4	91.9%	87.3%	4.6

Total group passenger activity**

March
2018	2017	Variation	2018	2017	Variation
8,009	7,596	5.4%	22,014	20,923	5.2%
22,603	21,309	6.1%	63,919	60,497	5.7%
25,735	25,025	2.8%	73,403	70,834	3.6%
87.8%	85.2%	2.7	87.1%	85.4%	1.7
					Year to date

** Air France KLM, HOP! and Transavia

Cargo activity

	March				Year to date
Total Group	2018	2017	Variation	2018	2017	Variation
Revenue tonne-km (m RTK)	737	749	(1.7%)	2,036	2,044	(0.4%)
Available tonne-km (m ATK)	1,175	1,185	(0.8%)	3,415	3,395	0.6%
Load factor (%)	62.7%	63.2%	(0.6)	59.6%	60.2%	(0.6)

Air France and HOP! activity

	March				Year to date
Total Passenger network activity	2018	2017	Variation	2018	2017	Variation
Passengers carried ('000s)	4,133	4,078	1.4%	11,579	11,446	1.2%
Revenue pax-kilometers (m RPK)	11,880	11,473	3.5%	33,983	32,996	3.0%
Available seat-kilometers (m ASK)	13,795	13,683	0.8%	39,685	39,158	1.3%
Load factor (%)	86.1%	83.9%	2.3	85.6%	84.3%	1.4
Long-haul
Passengers carried ('000s)	1,301	1,256	3.5%	3,751	3,645	2.9%
Revenue pax-kilometers (m RPK)	9,599	9,246	3.8%	27,693	26,850	3.1%
Available seat-kilometers (m ASK)	10,964	10,813	1.4%	31,707	31,146	1.8%
Load factor (%)	87.5%	85.5%	2.0	87.3%	86.2%	1.1
Short and Medium-haul
Passengers carried ('000s)	2,832	2,822	0.4%	7,828	7,801	0.3%
Revenue pax-kilometers (m RPK)	2,281	2,227	2.4%	6,290	6,146	2.3%
Available seat-kilometers (m ASK)	2,830	2,870	(1.4%)	7,978	8,012	(0.4%)
Load factor (%)	80.6%	77.6%	3.0	78.8%	76.7%	2.1

	March				Year to date
Cargo activity	2018	2017	Variation	2018	2017	Variation
Revenue tonne-km (m RTK)	321	329	(2.4%)	866	880	(1.6%)
Available tonne-km (m ATK)	570	568	0.4%	1,653	1,627	1.6%
Load factor (%)	56.3%	57.9%	(1.6)	52.4%	54.1%	(1.7)

KLM activity

	March				Year to date
Total Passenger network activity	2018	2017	Variation	2018	2017	Variation
Passengers carried ('000s)	2,795	2,570	8.7%	7,708	7,026	9.7%
Revenue pax-kilometers (m RPK)	8,844	8,231	7.4%	25,130	23,356	7.6%
Available seat-kilometers (m ASK)	9,933	9,545	4.1%	28,490	26,927	5.8%
Load factor (%)	89.0%	86.2%	2.8	88.2%	86.7%	1.5
Long-haul
Passengers carried ('000s)	935	874	6.9%	2,685	2,521	6.5%
Revenue pax-kilometers (m RPK)	7,281	6,794	7.2%	20,933	19,537	7.1%
Available seat-kilometers (m ASK)	8,114	7,830	3.6%	23,490	22,287	5.4%
Load factor (%)	89.7%	86.8%	3.0	89.1%	87.7%	1.5
Short and Medium-haul
Passengers carried ('000s)	1,860	1,696	9.7%	5,023	4,505	11.5%
Revenue pax-kilometers (m RPK)	1,562	1,437	8.7%	4,197	3,820	9.9%
Available seat-kilometers (m ASK)	1,820	1,715	6.1%	4,999	4,641	7.7%
Load factor (%)	85.8%	83.8%	2.1	84.0%	82.3%	1.6

	March				Year to date
Cargo activity	2018	2017	Variation	2018	2017	Variation
Revenue tonne-km (m RTK)	416	421	(1.2%)	1,169	1,164	0.5%
Available tonne-km (m ATK)	605	617	(1.9%)	1,762	1,768	(0.3%)
Load factor (%)	68.7%	68.2%	0.5	66.3%	65.8%	0.5