AIR FRANCE CONTINUES PROFITABLE GROWTH GROUP NET PROFIT SOARS BY 19%

Bangkok--June 1--Aziam Burson-Marsteller Revenue from Asian market up 28% while revenue from Thailand rose 23 % Air France recently announced that group operating revenues for its fiscal year ended March 2001 hiked up by 19 percent to 12.28 billion euros (approx. 471.06 billion baht). Operating income is up 23.4 percent to 443 million euros (approx.16,993.48 million Baht) despite a 60 percent rise in fuel costs of 609 million euros (approx. 23,361.24 million Baht). Consolidated net profit yielded a 19 percent increase to 421 million euros (approx. 16,149.56 million baht). Despite the adverse affect of the very steep 60 percent increase in fuel prices and the cost of integrating regional carriers, these results confirm Air France’s strong group sales performance. Air France in Asia Pacific contributed to overall group performance. Revenues from Asian market increased 28 percent. Asian routes generated 23.4 percent higher revenue than last year. Load factor added 1.4 points reached 82.3 percent. While Air France increased its capacity in Asia Pacific by 4.3 percent (Available Seat-Kilometres), its traffic grew by 6 per cent (Revenue Passenger-Kilometres). In Thailand, passenger revenue rose 23 percent to 652.6 million baht, while cargo revenue reached 860 million baht. Thailand traffic grew by 21 percent to 50,276 passengers, representing an 85 percent load factor. Cargo traffic to and from Thailand was up one percent, exceeding 8,395 tonnes. "Air France in Asia Pacific has again set the record for the growth last fiscal year," said Marie-Joseph Mal้, Executive Vice President and Managing Director for Air France Asia Pacific. "Now that the economy is recovering, we are able to gear up growth in revenue generated out of Asian market. Our yield was higher as well. These results mean we are in very good shape, and I believe this trend will continue." "All of our Asian routes enjoyed strong performance and it's not surprising that popular destinations such as Thailand had one of the highest growth rates," added Mr. Mal้. "For Japan, despite a soft economic situation, Air France had very good results from the route with an increase in market share, thanks to the popularity of France over other European destinations. The leading markets for growth, with revenue increases of almost 40%, were Korea and India, where we have consistently added capacity over the past few years," said Mr. Mal้. For the fiscal year 2001/2002, Air France forecasts a 9.5 percent increase in terms of group capacity. As the current economic climate has become more stable in Air France markets, the company aims to achieve results for the current financial year on par with those of the previous year. The Air France global network spans 296 destinations worldwide, including 108 in Europe. For Asian destinations, Air France operates 15 routes. This includes non-stop service to 11 Asian cities: Bangkok, Bombay, Delhi, Hong Kong, Beijing, Shanghai, Manila, Seoul, Singapore, and Tokyo; and Osaka in co-operation with Japan Airlines. Air France additionally offers one-stop flights to Hanoi, Ho Chi Minh City, Jakarta, and Noumea. Flights from Bangkok to Paris leave at 23:20 hrs. and arrive the following morning at 06:30 hrs. at Paris’ Charles de Gaulle airport. Flights from Paris to Bangkok leave at 19:40 hrs. and arrive at Don Muang the following day at 12:05 hrs. SkyTeam is a global airline alliance partnering Aeromexico, Air France, CSA Czech, Delta Airlines and Korean Air. For more information, please visit our website at www.skyteam.com The SkyTeam global network offers 7,091 daily flights to 472 destinations, with 743 ticket offices and complimentary access to up to 289 member lounges worldwide. SkyTeam offers more connections and the most non-stop destinations between the U.S. and Europe than any other airline group. FACT SHEET Consolidated results Airfrance |---------------+-------------------+---------------------+-------------------------| | | April – March | April – March | CHANGE | | | (Million Euro) | (Million Baht) | | |---------------+-------------------+---------------------+-------------------------| | Financial Year| 2000/2001 | 1999/2000 | 2000/20011999/2000 | |---------------+-------------------+---------------------+-------------------------| | Turnover | 12,280 | 10,324 | 471,060.8396,028.64+18.9| | | | | % | |---------------+-------------------+---------------------+-------------------------| | EBITDAR | 1,610 | 1,436 | 61,759.655,084.96+12.1% | |---------------+-------------------+---------------------+-------------------------| | Operating | 443 | 359 | 16,993.4813,771.24+23.4%| | income | | | | |---------------+-------------------+---------------------+-------------------------| | Group net | 421 | 354 | 16,149.5613,579.44+18.9%| | profit | | | | |---------------+-------------------+---------------------+-------------------------| For further information, please contact: Sribenja Semmeesook or Satida Sritunyatorn Aziam Burson-Marsteller Tel. 252 9871-7 E-mail: [email protected] End. -AN-

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