Air Transport World

Europe, Part 3

Kalingrad: Traffic finally began to rebound at this Russian carrier in 1997, as passenger boardings rose 2.6% to 277,000 and RPKs advanced 1.9% to 482 million. It is forecasting further growth of 2.9% in passengers and 2.7% in RPKs this year.

KLM: ATW's 1997 co-Airline of the Year (with Northwest) set new records in traffic, revenues and profits in the year ended March 31, crediting "a strong increase in demand," favorable currency exchange rates and declining fuel prices A quick route restructuring early this year helped to limit the impact of the Asia/Pacific economic crisis, it said.

Revenues for the year rose 29% to $6.68 billion, producing a record operating income of $405.5 million, up from $54.5 million in fiscal 1997. Net profit totaled $1.1 billion but much of that came from a gain of $800 million from sale of KLMs remaining equity stake in partner Northwest.

In the year ended Dec. 31, passenger boardings jumped 12% to 14,507,062 and RPKs climbed 13% to 55.4 billion. FTKs, however, slipped slightly to 3.86 billion.

KLM said operating income should continue to improve this year, thanks to increased benefits from its alliances and consolidation of Martinair, in which it is acquiring the remaining 50% share.

KLM Cityhopper: Fleet expansion helped to boost the KLM subsidiary's traffic in 1997, as passenger boardings jumped 42.9% to 2 million. Lesser growth of 5% is forecast this year. Two Fokker 70s and three F50s joined the fleet, and six Saab 340s were phased out. Cityhopper now flies 12 F7Os, 13 F5Os and five Saab, 340s.

KLM Exel: KLM has rebranded the former Air Exel Netherlands to emphasize its relationship with the Dutch national carrier. Exel's traffic results were not available at this writing. It flies three ATR 42s and four Brasilias.

KLM uk: The former Air UK, in which KLM acquired a 100% interest last year, was relaunched in January as KLM uk and is receiving a new livery. The move comes on the heels of excellent 1997 growth.

Passenger boardings were up 13% for the year to 4,172,087 and RPKs climbed 6.2% to 2. t6 billion.

KMV: Traffic fell once again at the Russian carrier, with passenger boardings dropping 19.1% to 382,600 and RPKs plunging 20% to 844 million.

Kogalym: The Siberian regional, which specializes in serving oil companies, enjoyed good traffic growth last year, with passenger boardings rising 9.7% to 395,000 and RPKs jumping 13.5% to 704 million.

Komlavia: Traffic continued its downward spiral at this Russian carrier as passenger boardings dropped 24.1% to 429,730 and RPKs plunged 26. …

Log in to your account to read this article – and millions more.