Air France-KLM Beats Profit Forecasts Amid Fuel Costs (finance.yahoo.com)

Air France-KLM reported a third-quarter adjusted operating profit of €1.35 billion, exceeding analyst expectations as premium yields rose 11.5% to offset a €436 million fuel cost increase. The group lifted its full-year fuel bill forecast to $9.2 billion while KLM announced a restructuring plan eliminating approximately 1,000 positions to improve annual earnings by €1 billion.