Market Overview

Air France-KLM Posts Wider Q4 Net Loss

Related AFLYY
Airline Stocks Take Off On American Airlines Outlook
5 Airlines Taking A Nosedive On Lowered Guidance

Air France-KLM (OTC: AFLYY) posted a wider fourth-quarter net loss.

Air France-KLM posted a quarterly net loss of EUR1.18 billion, versus a restated loss of EUR244 million in the year-ago period.

Its earnings before interest, taxes, depreciation and amortization climbed to EUR381 million versus EUR281 million. The company's revenue slipped to EUR6.12 billion versus EUR6.26 billion.

Air France-KLM shares closed at $12.37 yesterday.

Posted-In: lossEarnings News

 

Related Articles (AFLYY)

Around the Web, We're Loving...

Get Benzinga's Newsletters