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Air France-KLM lowers capacity forecast ahead of busy summer

Dow Jones Newswires Last Updated: May 5, 2023 at 1:36 a.m. ET First Published: May 5, 2023 at 1:11 a.m. ET By Mauro Orru An Air France plane is pictured on the tarmac of the Schiphol airport on May 24, 2022. ramon van flymen/Agence France-Presse/Getty Images Referenced Symbols AF -2.82% Air France-KLM slightly reduced its

air-france-klm-lowers-capacity-forecast-ahead-of-busy-summer

Dow Jones Newswires

By

Mauro Orru

An Air France plane is pictured on the tarmac of the Schiphol airport on May 24, 2022.

ramon van flymen/Agence France-Presse/Getty Images

Referenced Symbols

Air France-KLM slightly reduced its capacity forecast for the year ahead of what looks set to be a busy summer thanks to strong ticket sales that fed into higher revenue for the first quarter.

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The Franco-Dutch carrier group FR:AF on Friday posted revenue of 6.33 billion euros ($6.97 billion) for the three months to the end of March, up 42% on year.

“The…

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