Air France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill rise
Air France-KLM has reduced its 2026 capacity growth forecast to 2%-4% from a previous 3%-5% range due to rising fuel costs linked to the Iran conflict. The airline expects its fuel bill to rise by $2.4 billion year-on-year, reaching $9.3 billion, despite savings from its hedging strategy. It reported a smaller-than-expected first-quarter operating loss of €27 million as higher ticket prices and initial travel shifts to European carriers provided some relief.
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Air France-KLM has trimmed its expectations for capacity growth to between 2% and 4% this year. Photograph: Mondadori Portfolio/Getty ImagesView image in fullscreenAir France-KLM has trimmed its expectations for capacity growth to between 2% and 4% this year. Photograph: Mondadori Portfolio/Getty ImagesAir France/KLMAir France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill riseMove comes as airline industry reacts to uncertainty over Iran war and increase in price of Brent crude Business live – latest updates Graeme Wearden and agenciesThu 30 Apr 2026 05.13 EDTLast modified on Thu 30 Apr 2026 09.52 EDTSharePrefer the Guardian on GoogleAir France-KLM has cut its capacity growth forecasts for this year as the Iran war drives up its fuel costs by billions of dollars.The…
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