Air France KLM prepares three-pillar action plan to regain profitability

Posted 11/11/2011

Air France KLM Group reported a net profit of €14 million ($19.2 million) for the quarter ended Sept. 30, down 95.2% from net income of €290 million in the year-ago quarter, due mainly to foreign exchange losses and a decline in the fair value of hedging instruments.

Originally published 10 Nov 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/sn1N-83XBDw/air-france-klm-prepares-three-pillar-action-plan-regain-profitability-1110

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