Air France-KLM reported that total revenues for the group amounted to €6.79bn in the 3rd quarter of 2011, versus €6.65bn at 30th September 2010, up 2.1%, despite a negative currency impact of 2.8%. The operating result stood at €397m (€576m a year ago). The adjusted operating result stood at €468m, implying a margin of 6.9%. Net interest costs were stable at €95m (€93m at 30th September 2010). Other financial outcome and costs stood at €-268m (€41m at 30th September 2010) including a currency result of €-125m and a decline in the fair value of hedging instruments of €145m. The net result stood at €14m (€290m at 30th September 2010). The net result restated for non-recurring and non-cash derivative items stood at €117m (€366m at 30th September 2010).
The group anticipates a negative operating result for the quarter October-December 2011 as well as for the 12 months through Dec. 31.
Biden FAA leader nominee withdraws after “an onslaught of unfounded Republican attacks”
March 27, 2023
American President Joe Biden’s nominee for the role of leader of the United States Federal Aviation Administration (FAA), Phillip Washington, has withdrawn his name owing to “an onslaught of unfounded Republican attacks which have focused on his service and experience, CNN reported. Though his announcement for the role was made last year, since then the
