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France , Friday 17 April 2026

Air France-KLM beats earnings forecasts as summer bookings take off

Published on: Wednesday 04 May 2022

Air France-KLM beats earnings forecasts as summer bookings take off PARIS (Reuters) -Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a recovery in ticket sales and lower unit costs, the Franco-Dutch airline group said on Thursday. Chief Executive Officer Benjamin Smith said the "recovery is here" amid strong forward bookings. The conflict has destabilised global oil prices and caused airlines to suspend flights and plan longer routes to avoid Russian and Ukrainian airspace, but hedging fuel costs and fare hikes helped Air France-KLM soften the hit to its earnings.


News source: https://finance.yahoo.com/news/air-france-klm-beats-earnings-051806210.html

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