excluding
tax impairments. That is an improvement from the prior-year period's adjusted
loss of €126 million. For the full year, the airline group posted a €349
million adjusted net loss, narrowing 2012's €696 million adjusted loss.
Full-year passenger traffic rose 2.4 percent year over year, with capacity up
1.6 percent. Unit revenue rose 0.8 percent on a constant currency basis.
Passenger revenue last year was up 0.7 percent year over year (or 2.6 percent
on a constant currency basis). The group's passenger business posted an
operating profit for the full year of €174 million, swinging from a €260
million loss in 2012. Air France-KLM board chair
Alexandre de Juniac said the improved results demonstrate progress on a
multi-year
turnaround plan that has included headcount reductions,
business line restructurings and cost-cutting measures.