Air France-KLM beats third quarter profit expectations

RTÉ News · RTÉ News · 2026-11-05 07:36 UTC

Air France-KLM exceeded third-quarter operating profit expectations today, but cut its capacity growth forecast for the year and raised its projected fuel bill.

Air France-KLM exceeded third-quarter operating profit expectations today, but cut its capacity growth forecast for the year and raised its projected fuel bill.

European carriers are grappling with the spiralling cost of fuel, although some network carriers such as Air France-KLM and Lufthansa have remained resilient thanks to hedging as well as strong investment in pricier premium offerings.

Spot Northwest European jet fuel prices have fallen 12% this week to their lowest level since August, tracking a broader decline in oil prices.

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