Air France and KLM swing to a fiscal 1Q net profit of $958 million

Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) reported a better than expected fiscal first quarter (ending on June 30) net profit of $958 million.

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Copyright photo: Antony J. Best. KLM’s Boeing 737-8K2 PH-BXA (msn 29131) dressed in the 1959 retrojet livery arrives at London (Heathrow).