In a recent statement, Air France-KLM has announced that the net income of the airline has decreased by 59 percent during the course of the second quarter. Notably, despite this fall in profits, the carrier has successfully managed to exceed the expectations when it came to profit estimates made by a good number of industry analysts. This news has successfully balanced the fall in the net income of the firm. 'The Age', one of the leading newspapers of Australia, it is said that Air France showed a remarkable performance with respect to selling business class seats on its flights in addition to managing to secure relatively favourable contracts for fuel. These moves have ably assisted the airline in managing the oil price rise when compared to some of its competitors. 

The second quarter income of the airline stood at €168 million, thereby exceeding the estimates by the analysts who assumed that the carrier will make only around €152 million. According to Jean-Cyril Spinetta, the chief executive of Air France-KLM, the most important factor that helped the carrier face this good fortune was the increase in passenger traffic by 3.7 percent, amidst a significant rise in demand for business class cabins in addition to increase in the number of passengers flying to destinations in Asia and America. Not following the trend set by most other airlines, Air France-KLM has decided to significantly increase its capacity for the fall season, especially marked by a 2 percent hike during the month of October.