Air France-KLM benefits from the drop in fuel prices

Nevertheless,

Air france-klm benefits drop fuel:

Keystone-SDA

The Air France-KLM group released an almost quadrupled net profit in the second quarter. However, supported by the drop in the price of fuel and a sustained activity, especially in the upper categories. Similarly, – Air france-klm benefits drop fuel

(Keystone-ATS) These elements allowed him to finish largely in the green a quarter, however, marked by geopolitical tensions, whether it be the disturbances of service to the Middle East in June due to the conflict between Iran and Israel and American bombardments in air france-klm benefits drop fuel the region or persistent uncertainties around American customs duties.

The three months ranging from April to June were also affected by various financial charges.

The Franco-Dutch Air Group has notably had to face a sharp increase in taxes at Amsterdam-Schiphol airport. its Hub in the Netherlands, and the entry into force on March 1 in France of the increase in the solidarity tax on plane tickets (TSBA) “whose expected effect on the annual operating result is estimated between 90 and 170 million euros”, specifies Air France-KLM in its press release published Thursday.

Despite everything, over the June-June period, Air France-KLM gave a net profit of 649 million euros (603.2 million francs)-against 165 million euros over the same period a year earlier-and saw its turnover increased by 6.2% compared to spring 2024, to 8.4 billion euros.

Dynamism of demand

In the second quarter. beyond the positive impact of the drop in fuel prices-which reduced the air france-klm benefits drop fuel bill by almost 200 million euros compared to the second quarter of 2024-the group benefited from the dynamism of demand.

In total, it transported 27.3 million passengers over the period, 5.9% more than in the spring of the previous year, with a demand in particular sustained in “premium”.

“Air France-KLM has achieved a second solid quarter. with growth in turnover and improvement of margins,” said the group’s general manager, Benjamin Smith, quoted in a statement.

“Although the external environment remains complex. Air France-KLM continues to show resilience and is well positioned to achieve its objectives,” he adds.

Beyond its financial prospects. the group has confirmed its ambitions in the current consolidation of the air sector in Europe, always eager to strengthen around the world via “key partnerships and cotents in strategic areas”, underlines Mr. Smith.

It is with this in mind that Air France-KLM’s desire to carry its participation in the Scandinavian company SAS-of which. air france-klm benefits drop fuel it has been a shareholder since 2024-from 19.9% currently to 60.5%, as announced at the beginning of the month.

The Franco-Dutch group is also interested in the opening of the capital of the company Tap Air Portugal. whose Portuguese government wishes to disengage.

Further reading: Luxury: Hermès pinning the octogenarian heir Nicolas PuechUSA: retail sales are colored in JuneVideotron: New collective agreement for employees in the West regionThese unexpected tips for finding 500 euros more in the face of pricing in 2025Radix: sensitive personal data published by hackers.

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