Air France-KLM: driven by improving revenue and lowering fuel costs, Air France-KLM’s profitability exceeds expectations

(BFM Stock Exchange) – The Franco -Dutch transport group released an operating profit of 736 million euros in the second quarter. Therefore, significantly exceeding expectations. Similarly, The company confirmed its prospects for 2025.

Air France-KLM took revenge in the summer of 2024. Therefore, Last year, the Franco-Dutch transport group was sealed by the Olympic and Paralympic Games in Paris. Consequently,

This sporting event had created “a significant behavior of avoidance” of the French capital on the international markets. For example, while the French had postponed their holidays after the Olympic period.

Ultimately. Consequently, the Paris Olympic Games had entrenched 160 million euros from its unitary recipe in the third quarter and 40 million euros to that of the second. Similarly,

This unfavorable wind no longer blows a year later. which allows the company born air france-klm: driven improving revenue from the merger of Air France and KLM in 2004 to display accounts in clear improvement in the second quarter of 2025.

From April to the end of June, Air France-KLM saw its turnover increase by 7% excluding exchange effects to 8.44 billion euros.

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The fuel invoice is lighter – Air france-klm: driven improving revenue

The company transported 27.3 million passengers over the period, 5.9% more than on the same period of 2024. The unit recipe, that is to say the recipe by passenger transported per kilometer, increased by 2.4% excluding exchange effects thanks to a favorable pricing environment (“yield”).

The company’s operating profit jumped more than 40% to 736 million euros. The corresponding margin was 8.7% against 6.4% a year earlier.

In addition to the increase in the unit revenue. the operating result of Air France-KLM benefited air france-klm: driven improving revenue from a drop in the fuel invoice linked to the fall in oil prices. Air France-KLM indicated that the price of fuel after taking into account the exchange covers had dropped by 11%. over the period.

Except fuel, the unit cost of the company increased by 2.7% over a year “due to the increase in airport fees. the air traffic control (with an increase of 41% in Schiphol), costs related to maintenance (…), the premiumization of the cabin, inflation,” said the company. “These costs are partially offset by productivity gains,” added the group.

Air France-KLM’s net profit has multiplied by almost six to 649 million euros. The retired operating cash flow has registered at 723 million euros, against 134 million euros a year earlier.

On the Paris Stock Exchange, the Air France-KLM title was down 2.6% after opening up 3.7%.

Confirmed objectives

The group has slightly missed analysts’ expectations on air france-klm: driven improving revenue income, but significantly exceeded them on the operating result. According to a consensus posted by the company, analysts awaited an average turnover of 8.5 billion euros and an operating profit of 671 million euros.

“Air France-KLM achieved a second solid quarter. with growth in turnover and an improvement in margins, reflecting the robustness of our diversified network and the rigorous execution of our strategy,” said the director general of the company, Ben Smith, quoted in a press release.

The company also indicated that its dynamic of reservations for the third quarter was online with the trends. observed in the second quarter.

At the end of this second quarter, Air France-KLM confirmed all of its objectives for 2025.

The group tables capacity (basically the number of flights put into service) up 4% to 5% over one year. This forecast includes growth of 3% to 5% on Air France and air france-klm: driven improving revenue KLM and 10% networks at Transavia.

The company also intends to limit the increase in its unit costs to “a figure”. display a net debt ratio brought back to its gross operating result in the current twelve months between 1.5 and 2. At the end of June, this ratio was 1.5.

Julien Marion – © 2025 BFM Bourse