Air France 2008 Annual Report Download - page 42

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42
Cargo activity
Recognizing the excess capacity, the increase in the oil
price and increased competition from Chinese airlines on
the Europe-Asia axis, the Group took rapid measures to
adapt its business.
Accelerated fleet renewal
Since 2006, in order to fine-tune its capacity and improve
its energy and environmental performance, Air France-
KLM Cargo has been replacing its Boeing B747-200s
with Boeing B747 Cargo 400 aircraft.
Similarly, in May 2007, it decided to replace the Boeing
B747-400s with Boeing 777-200Fs in order to reduce unit
costs. Foreseeing the growth in air freight between Asia
and Europe and in Asia itself, Air France-KLM stepped up
its cooperation with China Southern with the signature, in
July 2007, of a letter of intent aimed at the creation of a
joint cargo company which could go ahead during the
2008-09 financial year.
The environment: a key concern
for the cargo activity
For Air France-KLM Cargo, limiting the impact of its
activity on the environment is a key consideration. The
renewal of the fleet, effective in 2012, will enable an
ongoing reduction in its environmental footprint. The
Group also offers its customers the opportunity to offset
the CO2emissions generated by their air freight
requirements.
In developing e-freight (electronic freight), Air France-KLM
is reducing paper consumption.
Faced with changes in the market,
the Group is adapting its offer and leveraging
its strengths
13
aircraft in operation:
one of the largest cargo
fleets in the world