Air France-KLM reported a strong second quarter with a €736 million operating result and a margin of 8.7%. Group revenues increased by 6.2% to €8.4 billion, driven by all businesses. The Group retains an agile approach for 2025, expecting capacity to increase by 4-5% and unit costs to rise by a low single digit compared to 2024. The Group also made progress in fleet renewal, with 30% of the fleet composed of next-generation aircraft. Mr. Benjamin Smith, Group CEO, expressed confidence in achieving targets despite the complex external environment. Solid performance was seen in passenger and cargo operations, as well as sustainability efforts. Air France-KLM is committed to sustainability, with initiatives to increase the demand and usage of sustainable aviation fuel. Unit revenue saw growth in all regions, with strong performance in premium cabins. The Group also announced plans to take a majority stake in SAS, marking a strategic move in Northern Europe. Financially, the Group reported positive operating free cash flow and a leverage ratio within its target range. In terms of fleet renewal, the Group aims to have 80% of its fleet composed of new generation aircraft by 2030. The Group also signed agreements for engine leasing and maintenance contracts to strengthen its market positioning. Overall, Air France-KLM’s second quarter results demonstrate resilience and progress towards its strategic goals.
Read more at GlobeNewswire: Press release – Air France-KLM Q2 2025 results
