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 ...


"Air France-KLM Sees Improved Results This Year" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.