Air France-KLM swings to a loss on continued fare and traffic weakness
Air France-KLM Group swung to a wider-than-expected EUR147 million loss for the peak second quarter (compared to a EUR27 million net profit in the previous corresponding period), with the recession and the decline in business traffic continuing to have a heavy impact on the European carrier’s bottom line. [668 words]
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- Air France-KLM financial highlights: Three months ended 30-Sep-209
- Air France-KLM EBITDAR margin and Net profit margin: 2Q10 vs 1H10 (financial year ended 31-Mar)
- Air France and KLM passenger yield growth (in EUR): 1Q08 to 2Q10 (year ended 31-Mar)
- Air France and KLM passenger yield growth (in EUR) vs unit cost growth: 1Q08 to 2Q10 (year ended 31-Mar)
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