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Non-Tech : AKH...the NEW Air France/KLM
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To: Skywatcher who wrote (26)8/10/2006 11:45:23 AM
From: Skywatcher  Read Replies (1) of 72
 
Air France-KLM's 1Q Revenue Up 11.9 Pct.
Thursday August 10, 3:04 am ET
Air France-KLM Revenue Up 11.9 Percent to $7.47 Billion in 1Q on Higher Passenger Traffic

PARIS (AP) -- Air France-KLM said Thursday that it's fiscal first-quarter revenue rose 11.9 percent to euro5.8 billion ($7.47 billion) as higher passenger numbers offset rising fuel costs.
The airline -- the world's largest terms of operating revenues -- said in a statement that the figure was up from euro5.19 billion ($6.68 billion) a year ago. The revenue growth was slightly higher than analysts' expectations of about 11 percent.

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"This very good performance was driven by all sectors and especially by the passenger business," Air France-KLM said.

Total passenger revenue was up 12.1 percent to euro4.6 billion ($5.92 billion) compared to euro4.12 billion ($5.31 billion) a year ago.

Total cargo revenue rose 10.5 percent to euro729 million ($938.9 million) compared to euro660 million ($850 million) a year ago and maintenance revenue in the first quarter was up 8.5 percent to euro231 million ($297.5 million) compared to euro213 million ($274 million) a year ago.

The revenue report comes the same day a new fuel surcharge on all Air France commercial flights goes into effect, including a euro7 ($9) rise on long-haul flights.

Air France-KLM will announce full first-quarter earnings Aug. 31.
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