Air France-KLM on Friday reported bigger-than-expected quarterly earnings, boosted by an increase in the number of passengers carried between April and June, while the situation at airports is much better this summer after strikes and staff shortages last year.
An Air France Airbus A350 airplane lands at the Charles-de-Gaulle airport in Roissy, near Paris, France April 2, 2021. REUTERS/Christian Hartmann/File Photoon Friday reported bigger-than-expected quarterly earnings, boosted by an increase in the number of passengers carried between April and June, while the situation at airports is much better this summer after strikes and staff shortages last year.
"I am very glad to see that situation at airports is much better this summer, including at KLM's hub at Amsterdam Schiphol Airport", chief executive officer Benjamin Smith said in a statement. Air-France KLM's operating profit increased by 347 million euros to 733 million euros compared to last year, above the 663 million euros seen in a company-compiled consensus, while lower jet fuel price and higher yield compensating inflation translated into a higher margin of 9.6%.
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