Air France-KLM Beats Third-Quarter Operating Profit Expectations, Raises Fuel Forecast
Air France-KLM exceeded third-quarter operating profit expectations, cut its full-year capacity growth forecast and raised its projected fuel bill.
By Joanna Plucinska and Gianluca Lo NostroAir France-KLM EURONEXT:AF exceeded third-quarter operating profit expectations on Thursday, but cut its capacity growth forecast for the year and raised its projected fuel bill.European carriers are grappling with the spiralling cost of fuel, although some…