Air Transport World

KLM Group. (Europe Report).(net income; revenues)(Brief Article)

KLM Group reported net income of [euro]86 million ($86 million) for its fiscal second quarter ended Sept. 30, a significant increase from [euro]27 million last year. However, KLM warned that it is "unlikely" it will report a net profit for the fiscal year to March 31 although it does anticipate an operating profit.

Operating revenues totaled [euro]1.85 billion, down 0.6% from 2001. Expenses before depreciation and long-term rentals fell 4% to [euro]1.53 billion. Operating income of [euro]141 million was up 69.9% compared to last year's [euro]83 million. For the six months ended Sept. …

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