Air France-KLM expects to further improve its operating results this year after the airline group managed to orchestrate a €1.4 billion ($2 billion) profit swing in its financial year 2010/11. As the group seeks to reduce gearing further, the airline decided not to pay a dividend this year in spite of the better financial performance. Management plans to suggest to the next shareholder meeting (July 7) to change the financial year end to December 31 to be better aligned with other ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Air France-KLM Sees Improved Results This Year".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.