Stock Movers Air France-KLM Soars, Airbus Dips, Rio Tinto
Feb 19, 2026
Air France-KLM jumps after a surprisingly strong fourth quarter and upbeat transatlantic demand. Airbus warns of a delivery shortfall for 2026 amid supplier constraints. Rio Tinto posts flat annual profits while navigating tariffs, restructuring costs and a pulled M&A plan.
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Premium Transatlantic Travel Fuels Recovery
- Air France-KLM's premium transatlantic demand drove strong results, lifting annual operating profit above €2 billion for the first time.
- The group expects capacity to rise on premium travel even as budget segments remain pressured by cost-of-living headwinds.
Winter Weather Hit Costs €90M
- Winter snow and ice disruptions at Amsterdam and Paris cost Air France-KLM about €90 million this quarter.
- The outage was a tangible setback amid otherwise reassuring quarterly results.
Supplier Trouble Clouds Airbus Output
- Airbus cut its 2026 delivery outlook to about 870 planes due to supplier engine issues at Pratt & Whitney.
- Management signaled a brewing confrontation with the supplier and warned A320 monthly output may miss the 75-unit target.