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Air France-KLM returns to profit

Analysis

Air France-KLM has reported an operating profit of EUR122 million for the year to 31-Mar-2011, as the carrier cut costs and raised revenue despite the challenging 12 months. The carrier's net profit was EUR613 million, boosted by the sale of the company's stake in Amadeus. This is the carrier's first headline profit after two years of losses.

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