Independent journal on economy and transport policy
19:02 GMT+2
Net loss KLM, in line with forecast
(Cargoweb)
February 2, 1999
In the fiscal 1998/99 third quarter ended December 31, 1998 KLM realized an operating income of NLG 22 million ($12 million) compared to NLG 118 million ($62 million) last year. This was caused by the expected less favorable development of the airline industry traffic and the after effects of the Northwest Airlines' strike, KLM said. Net income was a loss ...... Read more on Cargoweb
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