KLM Profits Hit By Fuel Prices, Wants Money Back From Alitalia
KLM's operating profit dropped 51% to NLG209 million (US$86 million) in the fiscal year ended March 31, the airline said yesterday. KLM said the drop was caused by "near-record-level fuel prices" resulting in a NLG261million ($107.4 million) or 22% increase in fuel expense, and excess industry...
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