The Air France-KLM compensates its decreasing cargo revenue with an increase of the annual passenger revenue
Even if the revenue brought from the cargo business declined every year after its peak in 2011, the Air France-KLM Group compensated with an increasing annual passenger revenue: the annual revenue obtained by transporting people jumped from around 17.9 billion euros in 2010 to roughly 21.1 billion in 2019.
The French subsidiary will reduce its domestic network
In May 2019, the French half of the group announced it would cut 465 jobs due to domestic competition from high-speed rail and low-cost airlines, signaling a reduction of its French network. Yet, the company keeps on increasing the number of passengers uplifted. Within four years, the Group increased its number of passengers from 77.45 million in 2014 to around 87.62 million passengers in 2019.