Air France KLM Q3 operating up $453m
Paris, February 14, 2008
Air France KLM on Thursday reported higher than expected fiscal third quarter operating profit up 23 per cent at 311 million euros ($453 million).
Sales grew 3.9 per cent to 5.976 billion euros. The world's largest airline by revenues posted a net profit for the three months to end-December which was below consensus forecasts, however, at 139 million euros, down 39 per cent.
Analysts had on average forecast operating income of 259 million euros on sales of 5.912 billion and a net income of 179 million euros.-Reuters