Air France-KLM Group recorded a 3rd quarter operating loss of 245 million euros (243 million euros in 2008) despite a 16% drop in revenues to 5.2 billion euros. In contrast to previous quarters, the negative impact of the pre-2009 fuel hedges was small, at 34 million euros. The net loss, group share, amounted to 295 million euros, a significant improvement on the loss of 508 million euros recorded a year earlier.
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Tamar Jorssen
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada