Air France-KLM Group operating loss widens in 1Q2019

6 May, 2019

Air France-KLM Group reported (03-May-2019) the following financial highlights for three months ended 31-Mar-2019:

Revenue: EUR5986 million, +3.1% year-on-year;
- Network: EUR5175 million, +1.0%;
  - Passenger: EUR4628 million, +1.3%;
  - Cargo: EUR547 million, -1.3%;
- Transavia: EUR249 million, +6.0%;
- Maintenance: EUR1170 million, +8.7%;
Costs:
- Labour: EUR1972 million, +6.4%;
- Fuel: EUR1201 million, +13.2%;
Operating profit (loss): (EUR303 million), compared to a loss of EUR185 million in p-c-p;
- Network: (EUR279 million), compared to a loss of EUR193 million in p-c-p;
- Transavia: (EUR71 million), compared to a loss of EUR13 million in p-c-p;
- Maintenance: EUR47 million;
Net profit (loss): (EUR320 million), compared to a loss of EUR51 million in p-c-p;
Revenue per ASK: EUR 6.79 cents, -1.4%;
Passenger revenue per ASK: EUR 6.17 cents, -1.9%;
Passenger network: EUR 6.34 cents, -1.6%;
Cargo revenue per AFTK: EUR 13.67 cents, -4.0%;
Transavia: EUR 4.15 cents, -3.5%;
Cost per ASK: EUR7.19 cents, +1.2%;
Total assets: EUR30,584 million;
Cash and cash equivalents: EUR4162 million;
Total liabilities: EUR28,651 million. [more - original PR]