Air France-KLM Reports Q3 Net Income Growth and Increased Cargo Revenue
Air France-KLM reported strong third-quarter financial results, highlighted by a net income of €938 million, representing a year-over-year increase of €170 million. Total revenue for the quarter reached €9.92 billion, marking a 7.6% growth compared to the previous year, driven significantly by a 25% surge in cargo revenue. The company also provided updated guidance for fiscal year 2026. Air France-KLM now expects capacity growth of approximately 2%, slightly lower than its previous forecast range of 2%-3%. Additionally, unit cost growth is projected at roughly 1%, with net capital expenditure expected to remain below €3 billion.
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Topics: capacity growth guidance revision net income revenue growth