Air France-KLM profit doubles in Q2 to close at €733million citing strong demand

Air France-KLM doubled its net profit in the second quarter to €733million citing high demand in air travel despite rising inflation which has increased costs. The Group reported net profit of €604 million in the first half (H1) of 2023 with an increase of 13.7% as compared to H1 of 2022 when the profit was €324 million. The Group reported sales of €7.6 billion compared to 6.7bn a year ago boosted by an increase in passengers and higher ticket prices, achieving a record operational margin of 9.6%. The Group reached this capacity despite being down 8% compared with 2019, before the