Air France-KLM 'confirms' merger with billion-dollar profit

Air France-KLM Group reported net income of €913 million ($1.17 billion) for the financial year ended March 31, a 29.3% increase over the €706 million earned in 2004-05. Last year's results were restated to account for pension fund surpluses at KLM. "The year 2005-06 was marked by two features...

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