Franco-Dutch airline Air France-KLM returns to profit in 2nd quarter

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Franco-Dutch airline Air France-KLM returned to profit in the second quarter of 2022. Air France-KLM Group – comprising Air France, KLM and Transavia – reported on Friday that its second-quarter group net income was €324 million ($332 million), compared to last year’s loss of €1.49 billion. Earnings before interests, taxes, depreciation and amortiszation (EBITDA) was €931 million, compared to loss of €249 million a year ago. Revenues surged 143.9% to €6.71 billion from prior year’s €2.75 billion. Revenues grew 138.7% at constant currency rates. Passengers grew 224.5% from last year to 22.80 mi…

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