Event ImpactThe company has warned that the Olympics will have an unforeseen negative impact of €160-€180m, affecting financial performance over Q2 and Q3.
Financial PerformanceAir France-KLM reported a Q1 operating loss of €489m, which was significantly below the consensus estimate of €430m.
Revenue TrendsCargo yields have been down by 27% year-over-year, indicating a decline in revenue from cargo operations.