Air France-KLM (AF-KLM) reported a nine-month net loss of €957 million ($1.2 billion), widened 74% against a €550 million loss for the comparable period in 2011, due primarily to restructuring charges.
By Rob Finlayson Air France-KLM (AF-KLM) reported a nine-month net loss of €957 million ($1.2 billion), widened 74% against a €550 million loss for the comparable period in 2011, due primarily to restructuring charges. The Franco-Dutch carrier group blamed a €536 million hit in non-current and non-cash charges for the sharp decline in net profits, including a €348 million charge for voluntary redundancies. AF-KLM is in the process of changing its year end from ...
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