June 11, 2019 / 5:30 AM / 5 days ago

Air France KLM's May passenger numbers rose 3.3% from last year

PARIS, June 11 (Reuters) - Air France KLM carried a total of 9.2 million passengers across its networks last month, up 3.3% from the same period last year, the airline said on Wednesday.

Air France KLM’s May passenger load factor - an industry metric that measures how much of an airline’s passenger carrying capacity is used - also rose 1.8 percentage points from a year earlier to 87.3%.

The airline posted a first-quarter loss in May, and the International Air Transport Association (IATA) body said in June that global airlines had slashed their profit forecasts for 2019 due to concerns over the effects of trade disputes and higher oil prices.

The French state holds 14.3% of Air France KLM’s share capital, while the Dutch state has a 14.0% stake. Delta Air Lines and China Eastern Airlines also each have stakes of 8.8% in Air France KLM. (Reporting by Sudip Kar-Gupta; Editing by Muralikumar Anantharaman)

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