Airport personnel wave from a platform because the pilot of a French airline Air France flight waves a French nationwide flag, earlier than the plane, the final aircraft to take off from Tegel ‘Otto Lilienthal’ Airport, departs for Paris-Charles de Gaulle Airport (CDG), in Berlin on November 8, 2020. (Picture by Tobias SCHWARZ / AFP)
PARIS, France — Air France-KLM on Wednesday introduced a lack of 249 million euros ($283 million) for the primary quarter of the 12 months, down from greater than 500 million euros in the identical interval final 12 months.
The Franco-Dutch aviation group mentioned its turnover had risen 8 p.c over the primary quarter in 2024 to 7.2 billion euros. It mentioned losses had been minimize by means of sustained demand for journey and decrease gasoline costs.
The group mentioned it had 21.8 million passengers between January and March, up 4.5 p.c from the primary quarter final 12 months.
Chief govt Benjamin Smith mentioned ticket gross sales for summer season journey had helped increase the service’s funds.
The group mentioned that for the Might-June interval, reservations for journeys from Europe to the US had fallen 2.4 p.c over final 12 months, whereas gross sales of tickets from US cities to Europe had elevated 2.1 p.c.
Gasoline prices for 2025 are estimated to be 6.7 billion euros, down from 7.3 billion euros in 2024, the group mentioned.
Air France-KLM suffered in 2024 from a scarcity of planes, the robust greenback and other people avoiding Paris in the course of the Olympic Video games. This restricted annual web revenue to 317 million euros.
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