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April 9, 2020, 2:33 a.m. EDT

Air France-KLM to cut more than 90% of capacity

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By Olivia Bugault

Air France-KLM said Thursday that traffic in March plunged and that it expects to cut more than 90% of its planned capacity in April and May due to the coronavirus.

The Franco-Dutch carrier said that the number of passengers carried in March fell 57% to 3.6 million, compared with 8.3 million a year earlier due to the travel restrictions imposed world-wide. Load factors fell by 20.5 points at 67%, it said.

From January to March, traffic fell by 20% to 18.1 million, Air France-KLM said.

The carrier said that more than 90% of its capacity should be suspended in April and May, adding that it can't give more insight beyond these two months due to the high uncertainties regarding the duration of the pandemic.

Write to Olivia Bugault at olivia.bugault@wsj.com

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