News / Air France-KLM 'belly-dominant' cargo model gains volumes, but at a price

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Air France-KLM Cargo saw volumes rise, just, in the first half of the year, edging up 0.7% to 549,000 tonnes  – but the additional volumes came at a cost.  

Total cargo revenue fell 0.5%, to €1.08bn ($1.19bn), or by 2.7% at constant currencies, and in the second quarter, it was down 1.7%, to €534m, or by 4.1% at constant currencies. 

Cargo unit revenue per ATK fell more sharply, by 3.6% to €0.13 in the first half, and down 5.1% to €0.12 in Q2, with North America and ...