US EditionAir France-KLM reduces losses in first quarter as travel spikes amid falling fuel prices
- Air France-KLM reported a €249 million loss for Q1 2024, down from over €500 million in the same period last year.
- The reduction in losses resulted from sustained travel demand and lower fuel prices amid challenges in 2024 like plane shortages and a strong dollar.
- The group carried 21.8 million passengers between January and March 2024, up 4.5% from last year, with mixed transatlantic reservation trends.
- Air France-KLM’s turnover rose eight percent to €7.2 billion, while 2025 fuel costs are estimated at €6.7 billion, down from €7.3 billion in 2024.
- The improved first-quarter performance suggests a gradual financial recovery, although several 2024 constraints limited the group’s annual net profit to €317 million.
14 Articles
14 Articles
Air France-KLM reduces losses in first quarter as travel spikes amid falling fuel prices
Air France-KLM on Wednesday announced a loss of 249 million euros ($283 million) for the first quarter of the year, down from more than 500 million euros in the same period last year. The Franco-Dutch aviation group said its turnover had risen eight percent over the first quarter in 2024 to 7.2 billion euros. It said losses had been cut through sustained demand for travel and lower fuel prices. The group said it had 21.8 million passengers betwe…
Air France-KLM reduces losses in first quarter
PARIS, France — Air France-KLM on Wednesday announced a loss of 249 million euros ($283 million) for the first quarter of the year, down from more than 500 million euros in the same period last year. The Franco-Dutch aviation group said its turnover had risen 8 percent over the first quarter in 2024 to 7.2
Air France increases flight frequency at Sky Harbor - Chamber Business News
Air France is increasing the number of nonstop flights between Phoenix Sky Harbor International Airport and Paris Charles de Gaulle Airport to five times weekly starting in May, an expansion expected to significantly benefit Arizona’s economy. According to Phoenix Sky Harbor’s most recent economic impact study, international flights contribute more than $3 billion to the […]
Air France-KLM was among the biggest winners on the Amsterdam stock exchange on Wednesday. After a mixed price trend in the morning, investors ultimately responded positively to the results of the French-Dutch aviation combination. There were many company figures to process. The financial markets were also able to respond to new economic data from both the eurozone and the United States.
Air France #AF32 to Atlanta is declaring an emergency shortly after leaving Paris
An Air France flight to Atlanta has declared an emergency shortly after takeoff from Paris CDG Airport.A Boeing 787-9 is holding 20,000 ft near Normandy, France after the crew declared an emergency (squawk 7700).The flight AF32 to Atlanta departed Paris CDG Airport at 13:56 CEST for a flight to Hartsfield-Jackson Atlanta International Airport.The crew stopped the climb at around 25,000 feet then descended to FL200 due to an issue on board, befor…
Summary: Air France-KLM recorded an operating result of -328 million euros in Q1 2025, an improvement of 161 million euros compared to the previous year, with an increase in turnover of 7.7% to 7.2 billion euros. Unit revenues increased by 3% at constant exchange rates, notably due to the excellent result of the North Atlantic (+11%) and the cargo (+16.2%), while the group carried 21.8 million passengers (+4.5%). The proportion of new-generation…
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