What Happened
Franco-Dutch Carrier Warns Of $1.1 Billion Q2 Fuel Hit
Air France-KLM has cut its 2026 capacity outlook and warned of a significant fuel price increase in Q2, which is expected to reach $1.1 billion. The group reported a near-breakeven Q1 operating result, with revenues up 4.4% year-on-year. The improvement was driven by the passenger network, where unit revenue rose 5.1% at constant currency. This development was first reported by AeroTime.