Air France-KLM

Earnings Release • Mar 9, 2015

FEBRUARY 2015 TRAFFIC

• Network airlines: continued strict capacity discipline, contrasting trends
• Ongoing accelerated development of Transavia

Traffic highlights

Network airlines activity	Capacity	Traffic	Load Factor	Change
(Air France, KLM, HOP!)	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Long-haul	+ 0.4%	- 0.1%	83.9%	- 0.4
North America	+ 2.2%	+ 4.0%	83.1%	+ 1.5
Latin America	- 0.0%	- 1.6%	85.4%	- 1.4
Asia	+ 1.8%	+ 0.4%	85.7%	- 1.2
Africa / Middle East	- 1.7%	- 5.6%	76.2%	- 3.1
Caribbean / Indian Ocean	- 1.7%	+ 0.6%	89.1%	+ 2.0
Short and Medium-haul	- 1.5%	+ 0.6%	73.6%	+ 1.6
Total network airlines	+ 0.0%	- 0.0%	81.9%	- 0.0

5.4 million passengers, +0.8%

Unit revenue per available seat kilometer (RASK) ex-currency down compared to February 2014, reflecting the expected capacity-demand balances: good performance on North America, the Caribbean/ Indian Ocean region and point-to-point, unit revenues under pressure on Asia, Africa/Middle East and Latin America

Transavia activity	Capacity	Traffic	Load Factor	Change
	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Total	+ 8.4%	+ 10.9%	89.6%	+ 2.0

0.5 million passengers, +14.8%

Ongoing accelerated development of Transavia: strong traffic growth combined with increased load factor

Total group passenger	Capacity	Traffic	Load Factor	Change
activity	(ASK, %ch.)	(RPK, %ch.)	(%)	(pts)
Total	+ 0.4%	+ 0.6%	82.3%	+ 0.1

5.9 million passengers, +1.9%

Cargo activity	Capacity	Traffic	Load Factor	Change
	(ATK, %ch.)	(RTK, %ch.)	(%)	(pts)
Total	- 3.1%	- 8.2%	62.8%	- 3.4

Unit revenue per available ton kilometer (RATK) ex-currency down compared to February 2014, impacted notably by the change in business mix (13% reduction in full-freighter capacity)

Agenda

8 April 2015: March 2015 traffic 30 April 2015: Results of the First Quarter of 2015 11 May 2015: April 2015 traffic

Investors Press

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

STATISTICS

Network airlines activity*

	February			Year to date
Total Network airlines*	2015	2014	Variation	2015	2014	Variation
Passengers carried ('000s)	5,386	5,343	0.8%	11,091	11,020	0.6%
Revenue pax-kilometers (m RPK)	16,219	16,220	(0.0%)	34,271	34,367	(0.3%)
Available seat-kilometers (m ASK)	19,809	19,806	0.0%	41,735	41,600	0.3%
Load factor (%)	81.9%	81.9%	(0.0)	82.1%	82.6%	(0.5)
Long-haul
Passengers carried ('000s)	1,771	1,765	0.3%	3,778	3,777	0.0%
Revenue pax-kilometers (m RPK)	13,332	13,350	(0.1%)	28,415	28,542	(0.4%)
Available seat-kilometers (m ASK)	15,888	15,825	0.4%	33,707	33,471	0.7%
Load factor (%)	83.9%	84.4%	(0.4)	84.3%	85.3%	(1.0)
North America
Passengers carried ('000s)	424	406	4.5%	918	891	3.1%
Revenue pax-kilometers (m RPK)	3,017	2,900	4.0%	6,544	6,365	2.8%
Available seat-kilometers (m ASK)	3,628	3,552	2.2%	7,730	7,553	2.3%
Load factor (%)	83.1%	81.6%	1.5	84.7%	84.3%	0.4
Latin America
Passengers carried ('000s)	215	222	(2.9%)	473	477	(0.6%)
Revenue pax-kilometers (m RPK)	2,079	2,113	(1.6%)	4,563	4,570	(0.2%)
Available seat-kilometers (m ASK)	2,435	2,436	(0.0%)	5,193	5,169	0.5%
Load factor (%)	85.4%	86.7%	(1.4)	87.9%	88.4%	(0.5)
Asia / Pacific
Passengers carried ('000s)	453	441	2.7%	940	926	1.6%
Revenue pax-kilometers (m RPK)	3,913	3,898	0.4%	8,126	8,182	(0.7%)
Available seat-kilometers (m ASK)	4,565	4,486	1.8%	9,634	9,468	1.7%
Load factor (%)	85.7%	86.9%	(1.2)	84.3%	86.4%	(2.1)
Africa / Middle East
Passengers carried ('000s)	381	400	(4.9%)	819	859	(4.7%)
Revenue pax-kilometers (m RPK)	2,154	2,281	(5.6%)	4,609	4,878	(5.5%)
Available seat-kilometers (m ASK)	2,825	2,874	(1.7%)	5,974	6,078	(1.7%)
Load factor (%)	76.2%	79.4%	(3.1)	77.2%	80.2%	(3.1)
Caribbean / Indian,Ocean
Passengers carried ('000s)	298	297	0.6%	627	624	0.4%
Revenue pax-kilometers (m RPK)	2,171	2,158	0.6%	4,574	4,548	0.6%
Available seat-kilometers (m ASK)	2,435	2,478	(1.7%)	5,177	5,202	(0.5%)
Load factor (%)	89.1%	87.1%	2.0	88.3%	87.4%	0.9
Short and Medium-haul				627	624	0,4%
Passengers carried ('000s)	3,615	3,578	1.0%	7,313	7,243	1.0%
Revenue pax-kilometers (m RPK)	2,887	2,870	0.6%	5,857	5,824	0.6%
Available seat-kilometers (m ASK)	3,921	3,981	(1.5%)	8,028	8,129	(1.2%)
Load factor (%)	73.6%	72.1%	1.6	73.0%	71.6%	1.3

* Air France, KLM, and HOP!

Transavia activity

	February				Year to date
Transavia	2015	2014	Variation	2015	2014	Variation
Passengers carried ('000s)	535	466	14.8%	1,020	896	13.8%
Revenue pax-kilometers (m RPK)	982	886	10.9%	1,879	1,715	9.5%
Available seat-kilometers (m ASK)	1,096	1,011	8.4%	2,165	2,029	6.7%
Load factor (%)	89.6%	87.6%	2.0	86.8%	84.5%	2.3

Total group passenger activity**

February
2015	2014	Variation	2015	2014	Variation
5 921	5 809	1,9%	12 111	11 916	1,6%
17 202	17 105	0,6%	36 150	36 081	0,2%
20 905	20 817	0,4%	43 900	43 629	0,6%
82,3%	82,2%	0,1	82,3%	82,7%	(0,4)
					Year to date

** Air France, KLM, HOP! and Transavia

Cargo activity

	February				Year to date
Total group	2015	2014	Variation	2015	2014	Variation
Revenue tonne-km (m RTK)	726	791	(8.2%)	1,439	1,565	(8.1%)
Available tonne-km (m ATK)	1,157	1,194	(3.1%)	2,417	2,476	(2.4%)
Load factor (%)	62.8%	66.2%	(3.4)	59.5%	63.2%	(3.7)