Shares in Air France-KLM jump as forecast rises

Shares in Air France-KLM Group rose 4.2%, the most in three weeks, on the news the airline group was raising its full-year profit forecast. Air France was up 3.1% in Paris and was the biggest winner in the eight-stock Bloomberg EMEA Airlines Index. Yesterday Air France-KLM Group announced it had raised its full-year forecast, following a strong third quarter, to expecting a positive operating profit when it had been expecting only to break even. The airline was heavily impacted by the ash cloud, which wiped out €158 million ($219 million) in earnings. Air France will publish its first-half results on