Air France-KLM back on ‘own feet’ as Q1 revenue soars

AIR France-KLM today reported increased first-quarter revenue ahead of the crucial summer holiday season and said it is “standing on its own feet” again after repaying all state aid received during the Covid-19 crisis.

The Franco-Dutch group reported strong demand that saw group revenues rise 42% between January and March this year compared with the same period in 2022, while passenger numbers climbed by 35% year-on-year.