India, March 6 -- Shares of Air France-KLM Group were gaining more than 20 percent in the morning trade in Paris after the airline reported Thursday narrower net loss and significantly higher EBITDA, a key earnings metric, in its fourth quarter amid good growth in passenger traffic, capacity and load factor.
Further, the company projects capacity growth in fiscal 2025, and maintained medium term outlook, expecting increase in margin.
Benjamin Smith, Group CEO, said, "In the fourth quarter of 2024, Air France-KLM delivered a particularly strong finish, concluding a year shaped by both operational and external challenges... In 2025, we will continue to deliver on our strategic roadmap and keep transformation as our number one priority. In t...