Air France-KLM has posted a €212 million net loss for the April-June quarter. The airline group’s operating loss widened from a year ago to €145 million even though revenue rose 8.7% to €6.22 billion. Analysts were on average expecting a quarterly operating profit of €47 million on revenue of €6.264 billion and a net loss of €41 million. Profits were impacted by high fuel costs, turmoil in North Africa and the Middle East and the aftermath of the Japanese earthquake, which combined to cause €100 million in losses. Air France-KLM also referred to the European debt crisis impacting business travel

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In