Air France KLM: annual operating result 2010 to 2019

In 2019, the Air France-KLM airline group reported an annual operating profit of approximately 750 million euros, signaling a recovery from its bottom level in 2011 when the company reported losses totaling 353 million euros. In 2014, following a two-week long strike of French pilots, the net profit plummeted totaling losses of around 130 million euros. According to the Franco-Dutch airliner, the company reported an operating profit of approximately 296 million euros in 2014 excluding that strike.

The Air France-KLM group seems to be recovering from the 2014 pilot-strike

In spite of the 2014 strike, the number of passengers uplifted by the Air France-KLM group has increased steadily between June 2014 and June 2018, reaching almost 7.75 million passengers in 2018. This represents an increase of almost 600 thousand passengers in comparison to June 2014. From the total number of passengers uplifted in the first half of 2018, the majority of them, that being 5.375 million passengers, were travelling short to medium distances. Yet, as of June 2018, the subsidiary of the German Lufthansa AG - the Lufthansa airlines, had transported around one million passengers more than the Air France-KLM group altogether.

The increase of the number of passengers transported by European airlines are not necessarily welcomed

There is a consensus on the fact that an increase of the number of passengers transported by an airline is a good performance index. But in recent times, some institutions have been critically observing the increase of the number of passengers transported by European airlines. According to the Dutch Centre of Expertise Leisure, Tourism & Hospitality, for example, outbound holidays with the airplane were responsible for the release of almost 8 billion kilograms of CO2 .

Annual operating profit of Air France KLM, including and excluding 2014 strikes, between 2010 and 2019

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Source

Release date

February 2020

Region

France

Survey time period

2010 to 2019

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Statistics on "Air France KLM"

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