KLM Net Earnings Up, Operating Profit Down In June Quarter

KLM's June quarter net earnings rose 10.7% from a year ago to 135 million guilders (US$85.7 million), but its operating profit fell 22.3% to 164 million guilders ($104.1 million) as a result of two pilot stoppages and the adverse impact of a strong Dutch guilder. KLM estimates the job actions had a...

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