Air France-KLM Making Progress on Controlling Costs -- Market Talk

Dow Jones07-31

0837 GMT - Air France-KLM is making progress on reining in costs although unit costs rose in the second quarter, Bernstein analysts say in a research note. "The second quarter was supposed to be the weakest performance of the year--at the highest part of the low-single-digit range--so a 2.7% increase in unit costs at least looks like starting to get this under control," Alex Irving and Antoine Madre say. Better fuel and cost management helped the airline deliver a better-than-expected EBIT, they say. Latin America has been a strong point for both Lufthansa and Air France-KLM in the quarter, but "Air France-KLM has meaningfully outperformed Lufthansa on the North Atlantic," Bernstein says. Shares trade 3.75% higher at 11.49 euros. (sarah.sloat@wsj.com)

(END) Dow Jones Newswires

July 31, 2025 04:37 ET (08:37 GMT)

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Latin America has been a strong point for both Lufthansa and Air France-KLM in the quarter, but \"Air France-KLM has meaningfully outperformed Lufthansa on the <a href=\"https://laohu8.com/S/NAAC\">North Atlantic</a>,\" Bernstein says. Shares trade 3.75% higher at 11.49 euros. 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Better fuel and cost management helped the airline deliver a better-than-expected EBIT, they say. Latin America has been a strong point for both Lufthansa and Air France-KLM in the quarter, but \"Air France-KLM has meaningfully outperformed Lufthansa on the <a href=\"https://laohu8.com/S/NAAC\">North Atlantic</a>,\" Bernstein says. Shares trade 3.75% higher at 11.49 euros. 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