Air France-KLM Holds the Line on Its TAP Bid Despite Iran War and a €287 Million First-Quarter Loss — CEO Benjamin Smith Says the Lisbon-Brazil Hub Logic Has Not Changed
Air France-KLM's CEO Benjamin Smith says the Israel-Iran war does not change the value of the group's TAP offer, even as the airline posts a €287M Q1 loss and lifts its 2026 fuel bill by $2.4B.