Performances of Air France KLM in Africa slumped in 2018  

Thursday, 07 March 2019 15:27
Performances of Air France KLM in Africa slumped in 2018  

(Togo First) - Last year, Air France KLM’s performances in Africa slumped.

Flight tickets across the continent decreased to €1.12 billion in 2018, from €1.17 billion the year before. Similarly, the airline’s revenues from flights to sub-Saharan African countries was down €120 million compared to 2017.

While the carrier failed to provide more details about its poor performances in Africa, it still disclosed a 1.6% reduction of its available seat kilometers (passenger carrying capacity). Number of passengers carried per kilometer also decreased, according to Ecofin Agency. 

Let it be recalled that market shares of Air France KLM, which holds shares in many African airlines in Africa is contracting amid a growing competition with emerging regional and international airlines. These airlines indeed provide an easier connectivity and more competitive fares, according to more and more African travelers.

Since 2017 for example, Air France’s shares in Kenya Airways have been reduced to 7.76% from 26.73%, after the East African airline restructured its debt and equity.

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