Air France-KLM

Earnings Release • Nov 11, 2014

OCTOBER 2014 TRAFFIC

• Passenger: continued disciplined capacity growth, increase in traffic and load factor
• Leisure: ongoing accelerated development of Transavia

Traffic highlights

Passenger	Capacity	Traffic	Load Factor	Change
	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Long-haul	+1.9%	+2.1%	85.8%	+0.2
Americas	+5.4%	+4.7%	87.8%	-0.5
Asia	-0.4%	-0.4%	85.9%	+0.0
Africa / Middle East	-0.7%	-1.1%	78.9%	-0.3
Caribbean / Indian Ocean	-0.6%	+3.7%	87.7%	+3.7
Short and Medium-haul	-1.1%	+1.6%	80.7%	+2.2
Total	+1.2%	+2.0%	84.7%	+0.7

6.9 million passengers, +2.1%

Capacity growth in the Americas driven by Latin America, up 7.2%

• Continued decrease of domestic France capacity, down 6.0%
• Unit revenue per available seat kilometer (RASK) ex-currency down compared to October 2013

Transavia	Capacity	Traffic	Load Factor	Change
	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Total	+15.1%	+14.6%	90.8%	-0.4

1.0 million passengers, +17.9%

Ongoing accelerated development in France: capacity up 42.7%

Load factor above 90% in spite of high capacity growth

Cargo	Capacity	Traffic	Load Factor	Change
	(ATK, %ch.)	(RTK, %ch.)	(%)	(pts)
Total	+0.4%	-1.2%	63.9%	-1.0

Unit revenue per available ton kilometer (RATK) ex-currency down compared to October 2013

Agenda

8 th December 2014: November 2014 traffic

8 th January 2015: December 2014 traffic

Investors Press

Bertrand Delcaire Dirk Voermans France: +33 1 41 56 56 00 +33 1 49 89 52 59 +33 1 49 89 52 60 Netherlands: +31 20 649 45 45 bedelcaire@airfranceklm.com divoermans@airfranceklm.com Website: www.airfranceklm-finance.com www.airfranceklm-finance.com www.airfranceklm.com

STATISTICS

Passenger activity
	October			Year to date
Total Group	2014	2013	Variation	2014	2013	Variation
Passengers carried ('000s)	6,932	6,787	2.1%	65,287	65,275	0.0%
Revenue pax-kilometers (m RPK)	19,927	19,530	2.0%	193,510	192,453	0.5%
Available seat-kilometers (m ASK)	23,519	23,234	1.2%	227,289	228,497	(0.5%)
Load factor (%)	84.7%	84.1%	0.7	85.1%	84.2%	0.9
Long-haul
Passengers carried ('000s)	2,113	2,065	2.3%	20,818	20,658	0.8%
Revenue pax-kilometers (m RPK)	15,952	15,620	2.1%	156,462	155,234	0.8%
Available seat-kilometers (m ASK)	18,597	18,256	1.9%	180,512	180,293	0.1%
Load factor (%)	85.8%	85.6%	0.2	86.7%	86.1%	0.6
Americas
Passengers carried ('000s)	891	848	5.0%	8,561	8,414	1.7%
Revenue pax-kilometers (m RPK)	6,936	6,625	4.7%	66,636	65,525	1.7%
Available seat-kilometers (m ASK)	7,898	7,497	5.4%	75,686	73,688	2.7%
Load factor (%)	87.8%	88.4%	(0.5)	88.0%	88.9%	(0.9)
Asia / Pacific
Passengers carried ('000s)	538	531	1.3%	5,119	5,140	(0.4%)
Revenue pax-kilometers (m RPK)	4,730	4,751	(0.4%)	45,231	45,644	(0.9%)
Available seat-kilometers (m ASK)	5,509	5,533	(0.4%)	51,873	53,007	(2.1%)
Load factor (%)	85.9%	85.9%	(0.0)	87.2%	86.1%	1.1
Africa / Middle East
Passengers carried ('000s)	423	434	(2.3%)	4,330	4,336	(0.2%)
Revenue pax-kilometers (m RPK)	2,374	2,401	(1.1%)	24,230	24,079	0.6%
Available seat-kilometers (m ASK)	3,009	3,031	(0.7%)	29,666	29,902	(0.8%)
Load factor (%)	78.9%	79.2%	(0.3)	81.7%	80.5%	1.1
Caribbean / Indian,Ocean
Passengers carried ('000s)	261	252	3.5%	2,809	2,767	1.5%
Revenue pax-kilometers (m RPK)	1,912	1,843	3.7%	20,364	19,986	1.9%
Available seat-kilometers (m ASK)	2,181	2,194	(0.6%)	23,288	23,696	(1.7%)
Load factor (%)	87.7%	84.0%	3.7	87.4%	84.3%	3.1
Short and Medium-haul
Passengers carried ('000s)	4,819	4,722	2.1%	44,469	44,617	(0.3%)
Revenue pax-kilometers (m RPK)	3,974	3,911	1.6%	37,048	37,219	(0.5%)
Available seat-kilometers (m ASK)	4,922	4,978	(1.1%)	46,777	48,204	(3.0%)
Load factor (%)	80.7%	78.6%	2.2	79.2%	77.2%	2.0

Transavia activity

	October			Year to date
Total Group	2014	2013	Variation	2014	2013	Variation
Passengers carried ('000s)	955	810	17.9%	8,910	8,064	10.5%
Revenue pax-kilometers (m RPK)	1,877	1,638	14.6%	17,219	16,044	7.3%
Available seat-kilometers (m ASK)	2,068	1,796	15.1%	19,051	17,677	7.8%
Load factor (%)	90.8%	91.2%	(0.4)	90.4%	90.8%	(0.4)

An Excel file containing historical Transavia traffic data is available on our website at http://www.airfranceklm-finance.com

Cargo activity

	October			Year to date
Total Group	2014	2013	Variation	2014	2013	Variation
Revenue tonne-km (m RTK)	873	884	(1.2%)	8,170	8,350	(2.1%)
Available tonne-km (m ATK)	1,366	1,361	0.4%	13,029	13,378	(2.6%)
Load factor (%)	63.9%	65.0%	(1.0)	62.7%	62.4%	0.3
Americas
Revenue tonne-km (m RTK)	371	359	3.2%	3,423	3,438	(0.4%)
Available tonne-km (m ATK)	583	572	1.8%	5,520	5,611	(1.6%)
Load factor (%)	63.7%	62.8%	0.9	62.0%	61.3%	0.7
Asia / Pacific
Revenue tonne-km (m RTK)	331	352	(6.1%)	3,094	3,219	(3.9%)
Available tonne-km (m ATK)	426	432	(1.4%)	4,001	4,169	(4.0%)
Load factor (%)	77.6%	81.6%	(3.9)	77.3%	77.2%	0.1
Africa / Middle East
Revenue tonne-km (m RTK)	133	133	(0.2%)	1,269	1,304	(2.7%)
Available tonne-km (m ATK)	225	227	(0.9%)	2,178	2,254	(3.4%)
Load factor (%)	59.2%	58.8%	0.4	58.2%	57.9%	0.4
Caribbean / Indian Ocean
Revenue tonne-km (m RTK)	33	34	(2.1%)	331	334	(0.8%)
Available tonne-km (m ATK)	84	84	(0.0%)	876	899	(2.6%)
Load factor (%)	39.1%	39.9%	(0.8)	37.8%	37.2%	0.7
Short and Medium-haul
Revenue tonne-km (m RTK)	5	5	(1.9%)	53	55	(3.6%)
Available tonne-km (m ATK)	48	46	5.2%	454	445	2.0%
Load factor (%)	11.2%	12.0%	(0.8)	11.6%	12.3%	(0.7)