Is Air France KLM profitable?

Excluding special items, IAG reported an operating profit of €1.745 billion ($1.853 billion) with an operating margin of 20.2 percent, while Air France-KLM said it made €1.3 billion in operating profit with an operating margin of 15.5 percent.



Yes, Air France-KLM is currently profitable. According to its February 2026 financial report, the group achieved a strong performance for the full year 2025, with an operating result surpassing the €2.0 billion mark and an operating margin of 6.1%. For the fourth quarter of 2025 alone, the group reported a net income of €549 million. These results reflect a disciplined approach to cost management and a successful strategy focused on premiumization and fleet renewal. Despite challenges such as increased airport charges at Schiphol and higher air traffic control fees, the group's revenues grew by approximately 4.9% year-on-year to reach €33.0 billion. Looking ahead, the airline plans to expand its capacity by 3% to 5% throughout 2026, signaling confidence in continued growth and financial stability.

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KLM's revenue recovered to 10.7 billion euros in 2022, nearly reaching pre-pandemic revenues. The number of passengers carried by KLM decreased by around two thirds in the first year of the COVID-19 pandemic. In 2020, the airline carried only 11.2 million passengers.

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The offer was successful as 89.2% of the shares were tendered by KLM shareholders. The merger gave birth to the world's largest airline company,5 called Air France-KLM. Analysts termed the merger 'unique. ' Despite the union, both companies would keep their brands alive by flying their planes in their respective names.

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AIR France - KLM's analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.

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Press releases. Air France-KLM is a major player in international air transport. Our Group's global network offers flights to over 300 destinations, covered by Air France, KLM Royal Dutch Airlines, and Transavia.

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The most profitable passenger airline in North America in 2022 was Delta Air Lines, with operating revenue of almost 50.6 billion U.S. dollars, followed closely by American Airlines, with nearly 49 billion U.S. dollars in revenue.

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On Wednesday 20 September 2023, at the APEX/IFSA Awards ceremony, Air France was certified for the second consecutive year as a 5-star airline in the official 2024 APEX airline ratings.

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KLM, Dutch airline founded on Oct. 7, 1919, and flying its first scheduled service, between Amsterdam and London, on May 17, 1920. Until its merger with Air France in 2004, it was the world's oldest continuously operating airline. Headquarters are at Amstelveen, Neth.

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The airline suffered 63 incidents and has had no fatal accidents since 1977.

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Flying Blue is the joint loyalty programme of Air France, KLM, Transavia, Aircalin and TAROM. Members can earn Miles during their trips with Air France, KLM, and their partner airlines or when purchasing services from non-airline partners (hotel chains, car rental companies, etc.).

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Come fly with us to discover stories and pictures from aviation history. KLM stands for 'Koninklijke Luchtvaart Maatschappij', literally translated as 'Royal Aviation Company'. Despite having merged with Air France in 2004, KLM is still seen as a truly Dutch icon.

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For ten years, Delta and KLM have combined their strengths and passion to take transatlantic travel to new heights. Find out more about what the partnership has to offer across the Atlantic. Delta and Virgin Atlantic combined schedule offer you more choice between key business markets in the U.S. and London.

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