Air-France-KLM Group raises full-year forecast

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By TESTCustomwebLP TESTCustomwebLP October 27, 2010 09:56

Air-France-KLM Group raises full-year forecast

Air France-KLM Group has raised its full-year forecast following a strong third quarter. The group now expects to post a positive operating profit when it had been expecting only to break even. The airline was heavily impacted by the ash cloud, which wiped out €158 million ($219 million) in earnings.

Shares in European biggest airline are expected to be upgraded by analysts on the news.

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By TESTCustomwebLP TESTCustomwebLP October 27, 2010 09:56
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