Air France-KLM Group yesterday raised its full-year forecast and said it expects to "generate a significant increase in operating income compared to last year" as it reported a net profit of €244 million ($313 million) for its fiscal first quarter ended June 30, more than double the €112 million earned in the year-ago quarter. Operating income rose 84.3% to €411 million from €223 million on an 11.9% increase in revenues to €5.8 billion. Expenses climbed 11.8% to ...

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