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Netherlands

Air France-KLM expects sunny weather despite a loss of €344 million in the first quarter.

Air France.com via Wikimedia Commons

Air France-KLM lost €344 million in the first quarter of this year, but the latest data showed a 42% increase in revenue compared to a year ago. settlement.

Passenger numbers have increased by more than a third to nearly 20,000 and capacity has increased by almost 20%.

Chief Executive Officer Marjane Rinter told the NOS Radio 1 Journal that despite losses and travel disruptions at Schiphol Airport, the situation was rosy.

“I would say the corona crisis is over for us,” she said.

But she added that finding enough parts and technical staff has been a problem, and KLM has been forced to rent aircraft, adding that costs have increased in the first three months of the year.

The airline group Profit in 2022 and said last month no longer needed Borrowing money from the government or banks.

https://www.dutchnews.nl/news/2023/05/air-france-klm-predicts-sunny-times-ahead-despite-e344-million-q1-loss/ Air France-KLM expects sunny weather despite a loss of €344 million in the first quarter.

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