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: Strong world economic growth leading to extremely dynamic levels of activity in our sector, and a significant rise in oil prices. In this environment, we have confirmed the success of the ...

Subscribe to Access this Entire Article

"Air France-KLM 'confirms' merger with billion-dollar profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.