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Air France expects full year net profit after positive 3Q

Air France Group announced on Monday the results for the…

Air France Group announced on Monday the results for the third quarter (October-December 2003). The group revenue remained stable at 3.31 billion €. Operating income before aircraft disposals almost doubled to 61 million € compared with €32 million as of 31 December 2002. Finally net pre-tax income increased by 24.2% (41 million €).



Turnover over 9 months (April-December) decreased by 3.7% (9.32 billion

€) and Net pre-tax income decreased by 55.9% (126 million €).



Based on the above results Air France Group expects full year net profits for the group and operating profits before aircraft disposals, after the agreement with KLM.

Theodore Koumelis
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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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