Franco-Dutch airline Air France-KLM returned to core profits in the third quarter as passenger numbers almost doubled year-on-year in the late summer to just under 17 million thanks to easing travel curbs
Rapid pickup in bookings on U.S. reopeningshould return to core profit this year, the Franco-Dutch airline group said on Friday, after a rebound in passenger bookings over the summer helped it beat its earnings forecasts for the third quarter.
The company aims to cut around 14,000 jobs - nearly a fifth of its workforce - across its French and Dutch arms by the end of next year. Finance chief Steven Zaat said the results were a "very good signal for the fourth quarter, where we see stronger bookings every week."
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