Air France-KLM Posts Wider Q4 Net Loss
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.
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