Air France-KLM 3Q net profit down 53% on declining unit revenue

Credit: Air France
Air France-KLM reported a 2019 third-quarter net profit of €366 million ($450 million), down 53.4% from €786 million in the year-ago quarter.Operating profit for the quarter fell by €165 million, or 15.5% year-over-year (YOY), to €900 million, with revenue 2% higher and a €135 million increase in...

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