Air France-KLM (AFR.SG)
| Previous close | 1.4125 |
| Open | 1.4305 |
| Bid | 1.4170 x 50000 |
| Ask | 1.4280 x 50000 |
| Day's range | 1.4125 - 1.4305 |
| 52-week range | 1.4125 - 17.9000 |
| Volume | |
| Avg. volume | 477 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
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Air France-KLM's rising costs overshadow profit beat
(Reuters) -Air France-KLM revised up its forecast for costs this year due in part to inflationary pressures, taking the shine off higher than expected quarterly earnings on Friday. Although fuel prices have fallen, the carrier said overall unit costs would increase by a low single digit percentage in 2023 versus 2022 due to factors including higher salaries and a previously downgraded capacity estimate. Air France-KLM expects to reduce its unit cost by improving productivity, but does not plan to cut full-time equivalent positions as it needs more staff, the airline said in a call with journalists.
