Air France-KLM: returns to profit in the 1st half year.
(CercleFinance.com) - Air France-KLM publishes group net results of 151 million euros and operating income of 353 million for the first half of 2017, up 265 million and 135 million respectively year-on-year.
The airline cites robust traffic, up 5.9% to 130.9 million passenger-kilometres transported, leading to a 1.4-point improvement in the occupation coefficient to 86.3%.
In terms of prospects, the French/Dutch group notably foresees positive free cash-flow before disposals, with an investment plan expected to be within the upper end of the scale of 1.7 to 2.2 billion euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The airline cites robust traffic, up 5.9% to 130.9 million passenger-kilometres transported, leading to a 1.4-point improvement in the occupation coefficient to 86.3%.
In terms of prospects, the French/Dutch group notably foresees positive free cash-flow before disposals, with an investment plan expected to be within the upper end of the scale of 1.7 to 2.2 billion euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.