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Air France-KLM 3Q08 operating result likely to be negative

22-Jan-2009
Air France-KLM 3Q08 operating result likely to be negative
Air France-KLM specified (21-Jan-09) that its operating result for the 3Q08 (Oct-08 to Dec-08) is likely to be negative to the tune of EUR200 million. For the full year to 31-Mar-09, the group is not in a position at this stage to make any pronouncement on the operating income forecasts circulating in the market.

 

However, its objective is to generate a positive operating result, the level of which will depend on how the economic situation evolves, particularly in the cargo business which is facing a tough operating environment as reflected in recent monthly traffic statistics. 
 

(c) Centre for Asia Pacific Aviation. Date posted: 22-Jan-09