News / Air France KLM Martinair Cargo revenue plummets amid soft demand

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Air France KLM Martinair Cargo’s revenues declined almost 34% in the second quarter, to Є606m ($667m), compared with Q2 22, as cargo demand remained sluggish.

A financial statement released by the Air France KLM group today highlights the takeaways from the quarter: the French-Dutch combined carrier said the resumption of passenger travel had resulted in an increase in available tonne-km (ATK) of 6.5% on Q2 2022.

But cargo traffic, measured in revenue tonne km (RTK) was down 8.5%, as “the second quarter ...