Air France/KLM net profit drops

Air France/KLM reported that operating income amounted to 234 million euros against 415 million euros at 30th June 2007 (-43.6%). Income from operating activities amounted to 251 million euros versus 537 million euros for the quarter to 30th June 2007; the latter included 122 million euros in non-recurrent financial operations. After tax of 75 million euros (174 million euros at 30th June 2007) and a contribution from associates of -6 million euros, net income, group share amounted to 168 million euros versus 415 million euros at 30th June 2007.

Air France-KLM confirms that its First Quarter 2008-09 results are in line with its objective of operating income of the order of 1 billion euros for the Full Year.

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