Air France-KLM Upbeat on Brazil in 2025 After Year of Expansion
Tuesday, Dec 10, 2024 3:53 pm ET
4min read Air France-KLM, the leading European airline group, has expressed optimism about its prospects in Brazil for 2025, following a year of significant expansion and strong performance in the country. The airline's positive outlook is underpinned by its successful expansion in 2024, which saw it exceed pre-pandemic flight frequencies and achieve high load factors.
In 2024, Air France-KLM expanded its operations in Brazil, launching new routes and increasing frequencies. The airline operated 47 weekly flights between Brazil and Europe by the end of the year, surpassing pre-pandemic levels. This growth was driven by the launch of Air France flights to Salvador, increased operations in Fortaleza and Rio de Janeiro, and a robust partnership with Gol, which covers 95% of demand between Europe and Brazil.
The airline's expansion in Brazil resulted in a strong average load factor of 91.6% on Brazilian routes, matching the level achieved in 2023. Despite stronger competition, the airline's revenue levels in 2024 aligned with those of the previous year, while corporate revenues exceeded 2023 levels.
Air France-KLM's optimism for 2025 is rooted in the success of its 2024 expansion and the resilience of the Brazilian market. Despite macroeconomic turbulence, the airline remains confident in the medium-term outlook for the Brazilian market. Manuel Flahault, the airline's South America head, has expressed confidence in Brazil's potential for 2025, highlighting the country's strong market position and the airline's strategic partnership with Gol.
The airline's expansion in Brazil has not only contributed to its positive outlook for 2025 but has also positioned it well to maintain its strong performance in the Brazilian market. The airline's strategic partnership with Gol, covering 95% of demand between Europe and Brazil, has significantly boosted its presence in the country. Since 2014, over 2 million passengers have benefited from this alliance.
In conclusion, Air France-KLM's expansion in Brazil in 2024 has set the stage for a positive outlook in 2025. The airline's successful launch of new routes, increased frequencies, and strategic partnership with Gol have contributed to its strong performance in the Brazilian market. Despite macroeconomic turbulence, the airline remains confident in the medium-term outlook for the Brazilian market, positioning it well to maintain its strong performance in the region.
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