Asian Crisis, Northwest Strike Combine To Reduce KLM Income In Fiscal Year
KLM's operating income for fiscal 1998-99 fell to 425 million Netherlands guilders (US$200 million) from NLG811 million ($381 million) the previous year. Earnings per share were down 10%. The airline agreed to pay a dividend of NLG1.50 (70 cents), representing a payout ratio of about 40% of net...
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