Air France-KLM Reports Rise In Passenger Traffic

Air France-KLM SA AFLYY reported a 7.6% y/y rise in its passenger traffic in August. Air France-KLM's load factor climbed 1.2 points to 85.7%. Air France-KLM carried 6.8 million passengers in August and capacity surged by 6.1%. For the cargo business, Air France-KLM's traffic in August dropped 0.2% y/y and capacity climbed 2.8%. Air France-KLM shares dropped 5.99% to close at $8.48 yesterday.