Boosted by unexpectedly high gains from the merger of the two carriers, Air France-KLM Group--consolidating AF Group over 12 months and KLM Group over 11 months--reported net income of €351 million ($442.9 million) for the fiscal year ended March 31, up 20.2% over net income of €292 million in the prior financial year. Operating income before aircraft disposals also improved, increasing 20% to €489 million from €405 million. "The first year of the merger between AF ...

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