Press Release - Update on Summer bookings
July 01 2024 - 1:30AM
Press Release - Update on Summer bookings
Paris, July 1,
2024
Update on Summer bookings
Air France and Transavia France are currently
experiencing pressure on projected unit revenues for the summer
season due to the upcoming Olympic Games in Paris, with traffic to
and from the French capital lagging behind other major European
cities.
International markets show a significant
avoidance of Paris. Travel between the city and other destinations
is also below the usual June-August average as residents in France
seem to be postponing their holidays until after the Olympic Games
or considering alternative travel plans.
As a result, Air France-KLM currently estimates
a negative impact on its forthcoming unit revenues in an order of
magnitude, from €160m - €180m for the period June until August
2024. This event has no impact on our guided capacity at this
stage. More details will be provided during the Group’s half year
results, on July 25th.
Travel to and from France is expected to
normalize after the Olympic Games, with encouraging demand levels
projected for the end of August and the month of September.
Note to editors:
Similar trends are visible in the hotel bookings according to
the June 2024 “Baromètre du tourisme parisien” issued by Paris Je
t’Aime, the Paris board of tourism.
Investor
Relations
Michiel
Klinkers Marouane
Mami
michiel.klinkers@airfranceklm.com marouane.mami@airfranceklm.com
Website : www.airfranceklm.com
- PR - Update on Summer bookings
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