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...
DPA Breaking News
European airline major Air France-KLM reported a fourth-quarter loss of €256 million ($278 million) on Thursday, compared to the prior year's profit of €496 million. The company, which includes low-cost brand Transavia, said the latest results were impacted by the geopolitical situation in the Middle East and an increase of the unit cost, although that was partly compensated by a lower jet fuel price. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 24% to €601 million from €786 million. In the fourth quarter, revenues were up 3.9% to €7.41 billion from last year's ...
DPA International
European airline major Air France-KLM reported a fourth-quarter loss of €256 million ($278 million) on Thursday, compared to the prior year's profit of €496 million. The company, which includes low-cost brand Transavia, said the latest results were impacted by the geopolitical situation in the Middle East and an increase of the unit cost, although that was partly compensated by a lower jet fuel price. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 24% to €601 million from €786 million. In the fourth quarter, revenues were up 3.9% to €7.41 billion from last year's ...
DPA Breaking News
European airline major Air France-KLM reported a fourth-quarter loss of €256 million ($278 million) on Thursday, compared to the prior year's profit of €496 million. The company, which includes low-cost brand Transavia, said the latest results were impacted by the geopolitical situation in the Middle East and an increase of the unit cost, although that was partly compensated by a lower jet fuel price. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 24% to €601 million from €786 million. In the fourth quarter, revenues were up 3.9% to €7.41 billion from last year's ...
DPA
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