Air France-KLM Posts Highest Summer Season Profit, Ever

According to Bloomberg, AF-KL reported a surge in third-quarter profit, though concerns about rising geopolitical tensions muted the benefits of strong summer demand.
Third-quarter revenue rose 6.8% to €8.66 billion, Air France-KLM said, citing strong summer demand on both long-haul routes over the North Atlantic and closer-in destinations, and at its low-cost Transavia unit.
Fuller planes and higher fares helped to offset a decrease in cargo revenue and inflation, boosting operating margins by 2.9 percentage points.

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