KLM Royal Dutch Airlines saw passenger load factor decline slightly in August, by 0.2% to 91.6%. Traffic was up 1.5%, but lagged slightly behind a 1.8% increase in capacity.
The decline in load factor was especially evident in Asia. Traffic growth was mainly achieved on European routes, with capacity and traffic declining on routes to Central and South America, Africa and the Middle East. Cargo traffic declined sharply by 5.8%, with capacity down just 0.5%, which saw load factor declining significantly by 3.5%pts to 62.3%.
In August, load factor was down slightly compared to the same month last year. Cargo traffic suffered a substantial decline across the entire business, continuing the trend we saw in previous months. With costs and revenues under pressure, cost cutting will remain our priority here. We need to do so to keep investing in the quality of our product, our people and our sustainability objectives.
KLM President & CEO Pieter Elbers
Amstelveen, 09 September 2019