Air France-KLM profit grows, but more action needed at Dutch unit

Air France-KLM reported a 10% increase in its third-quarter operating profit to €1.35 billion, driven by strong yield growth and increased demand. This positive performance successfully countered the impact of rising costs experienced during the second quarter. The company has initiated further cost reductions and reorganization efforts specifically targeting KLM’s operations within the Netherlands. These measures are intended to bolster profitability across the combined Franco-Dutch airline group. Air France-KLM's return to profit growth underscores the current strength of travel markets despite economic headwinds.