Air France-KLM, Europe’s biggest airline, is set to transfer its freighter operations to Martinair, its low cost Dutch subsidiary as part of a radical restructuring of its suffering cargo business. The group also plans to intensify the selling of cargo space in the bellies of its passenger aircraft. At the same time, Air France-KLM will hike its freight rates by between 20 per cent and 30 per cent in October. Air France-KLM, including Martinair, operated 29 freighters at the end of June Ã¢â‚¬“ 18 747-400s, two 747-200s, two 777s and seven MD-11s. KLM operates 16 747 “combis” with two thirds of capacity for passengers and a third for cargo. Air France-KLM airline announced 4 September that it would cut freight capacity by 15 per cent in October aimed at boosting the load factor.