{"id":10459,"date":"2026-04-30T10:34:14","date_gmt":"2026-04-30T10:34:14","guid":{"rendered":"https:\/\/www.europesays.com\/france\/10459\/"},"modified":"2026-04-30T10:34:14","modified_gmt":"2026-04-30T10:34:14","slug":"air-france-klm-trims-capacity-outlook-as-fuel-costs-surge-beats-q1-expectations-shares-rise","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/10459\/","title":{"rendered":"Air France-KLM trims capacity outlook as fuel costs surge, beats Q1 expectations; shares rise"},"content":{"rendered":"

\"air air france plane \u00a9Paul Schmid <\/p>\n

Air France-KLM (EU:AF) lowered its full-year capacity growth forecast on Thursday, pointing to sharply higher jet fuel prices linked to the Iran conflict, while delivering first-quarter earnings that exceeded expectations at the operating level.<\/p>\n

Shares of the airline group gained 1.5% by 08:55 GMT.<\/p>\n

The Franco-Dutch carrier now expects capacity to expand by 2% to 4% in 2026, compared with its earlier guidance of 3% to 5%. It also projected its fuel expenses to reach $9.3 billion this year, representing a $2.4 billion increase from 2025 levels.<\/p>\n

\u201cWhile fuel price increases are not yet reflected in the results we present today, they are expected to weigh on the coming quarters,\u201d chief executive Benjamin Smith said.<\/p>\n

Airlines across Europe have warned about rising jet fuel costs, which have more than doubled since shipping through the Strait of Hormuz was disrupted following U.S. and Israeli strikes on Iran.<\/p>\n

For the first quarter, the group reported revenue of \u20ac7.48 billion, matching expectations and marking a 4.4% increase from a year earlier.<\/p>\n

Air France-KLM posted an operating loss of \u20ac27 million, with an operating margin of -0.4%, a significant improvement compared with the \u20ac351 million loss analysts had anticipated. Net loss totaled \u20ac252 million, broadly unchanged from the same period last year.<\/p>\n

Passenger numbers increased 2.3% to 22.3 million, while capacity rose 4% and traffic climbed 4.4%. The load factor improved slightly to 86.3%, up from 86%.<\/p>\n","protected":false},"excerpt":{"rendered":"air france plane \u00a9Paul Schmid Air France-KLM (EU:AF) lowered its full-year capacity growth forecast on Thursday, pointing to…\n","protected":false},"author":2,"featured_media":10460,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8078,327,8080,8079,8082,5,8081,8083],"class_list":["post-10459","post","type-post","status-publish","format-standard","has-post-thumbnail","category-france","tag-air-france-plane","tag-air-france-klm","tag-benjamin-smith","tag-capacity-growth","tag-expectations","tag-france","tag-fuel-expenses","tag-operating-margin"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/10459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=10459"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/10459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/10460"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=10459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=10459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=10459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}