PARIS, July 30 — French-Dutch airline company Air France-KLM on Thursday reported lower earnings for the second quarter, while revenue increased by 9.9 per cent reported German news agency dpa.
Further, the company revised its outlook for fiscal 2026.
Quarterly earnings decreased 71 per cent year-on-year to €190 million (US$217 million) from €649 million last year.
“As expected, the sharp increase in fuel prices significantly impacted our results during the second quarter,” said chief executive Benjamin Smith.
“Thanks to agile pricing and cost discipline, we were largely able to mitigate this strong headwind, proving once again the resilience of our business model. We delivered strong commercial performance on the back of a steady demand for premium travel, notably on the Asian and North American markets. Going forward, we still expect to navigate in a highly volatile environment.”
Revenue increased to €9.27 billion from €8.4 billion the previous year.
Passenger numbers grew 3.9 per cent to 28.3 million year over year.
Group capacity increased 2.6 per cent to 86.99 million year-on-year, while traffic grew 2.5 per cent to 76.26 million and passenger load factor remained stable at 87.7 per cent.
Looking forward to the full year, the airline company now expects capacity to be up by 2 per cent to 3 per cent compared to 2025. The previous expectation was 2 per cent to 4 per cent.
On Wednesday, shares closed at €11.84, down 2.27 per cent on the Paris Stock Exchange.
