airfranceklm
Franco-Dutch aviation giant Air France-KLM Group on Tuesday reported mounting losses in the first quarter of 2024 despite increased revenue. The company, comprising airlines Air France, KLM and Transavia, reported that its first-quarter net loss was €522 million ($558 million), compared to last year's figure of €344 million. Operating result was a loss of €489 million, wider than last year's loss of €306 million, impacted by disruption costs and weaker cargo revenues. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 38% to €176 million from €286 million a year earli...
DPA International
Franco-Dutch aviation giant Air France-KLM Group on Tuesday reported mounting losses in the first quarter of 2024 despite increased revenue. The company, comprising airlines Air France, KLM and Transavia, reported that its first-quarter net loss was €522 million ($558 million), compared to last year's figure of €344 million. Operating result was a loss of €489 million, wider than last year's loss of €306 million, impacted by disruption costs and weaker cargo revenues. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 38% to €176 million from €286 million a year earli...
DPA
Franco-Dutch aviation giant Air France-KLM Group on Tuesday reported mounting losses in the first quarter of 2024 despite increased revenue. The company, comprising airlines Air France, KLM and Transavia, reported that its first-quarter net loss was €522 million ($558 million), compared to last year's figure of €344 million. Operating result was a loss of €489 million, wider than last year's loss of €306 million, impacted by disruption costs and weaker cargo revenues. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 38% to €176 million from €286 million a year earli...
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