Air France-KLM: net income falls in Q2
(CercleFinance.com) - Air France-KLM reports net income of E165m for Q2 2024, down E447m, with operating margin down 3.
1 points to 6.5% - despite sales rising 4.3% to E7.95bn.
The airline explains that its results were impacted by unit costs (+1.7%) and higher fuel prices. Its capacity increased by 4.1% and its passenger load factor was maintained at 87.7%.
In the coming months, we will continue to implement our strategy and carry through our transformation plan, CEO Benjamin Smith says, who remains confident in the group's ability to achieve its medium- and long-term targets.
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1 points to 6.5% - despite sales rising 4.3% to E7.95bn.
The airline explains that its results were impacted by unit costs (+1.7%) and higher fuel prices. Its capacity increased by 4.1% and its passenger load factor was maintained at 87.7%.
In the coming months, we will continue to implement our strategy and carry through our transformation plan, CEO Benjamin Smith says, who remains confident in the group's ability to achieve its medium- and long-term targets.
Copyright (c) 2024 CercleFinance.com. All rights reserved.