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Market Overview

Air France KLM Traffic Drops In April


Air France KLM SA (ADR) (OTC: AFLYY) reported a 1 percent decline in its April traffic.

The company's traffic for the month slipped to 7.4 million passengers.

Its traffic on Transavia unit gained 7.6 percent.

Load factor shrank 0.6 percent to 84.2 percent, versus 84.8 percent. Available seat-kilometers rose 0.3 percent to 22.760 billion, compared to 22.685 billion in the year-ago period.

Air France KLM shares gained 4.90 percent to close at $9.20 on Friday.


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