Dossier
capacity growth
Coverage of capacity growth in the Nexus archive.
- Air France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill rise
Air France-KLM has reduced its capacity growth forecast for 2024 from 3-5% to 2-4% due to a $2.4 billion fuel cost increase driven by the Middle East conflict and rising Brent crude prices. The airline attributes the surge in expenses to uncertainty over the Iran war and elevated oil prices.