Air France-KLM Stimulates Transatlantic Demand With Lower Fares

Air France-KLM is stimulating demand among price-sensitive customers with cheaper fares, after some passengers in coach class on routes like trans-Atlantic flights became more hesitant to book.

The airline group has noticed about 2-3% softness at the back of its planes, Chief Executive Officer Ben Smith said on Monday in a Bloomberg TV interview. Premium cabins, on which Air France-KLM heavily relies, remain popular, particularly for travel from the US to France, he said.