Air Transport World

Air France-KLM Group.(Europe report)(Brief Article)

Air France-KLM Group reported a net profit of 95 million [euro] ($115.5 million) for the June quarter, a period that includes two months' results for KLM and a full quarter for AF. This compares to a pro forma net profit of 46 million [euro] in the year-ago period when the carriers were independent. Results were influenced by a number of merger-related items including a 34 million [euro] paper gain related to the amortization of negative goodwill from the KLM purchase.

Revenues rose 12.3% to 4.46 billion [euro] while operating expenses increased just 8. …

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