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KLM presents negative balance forecasts

Amsterdam, The Netherlands - Registered losses caused by economic situation and growth of the oil prices

The Dutch air carrier KLM registers big losses caused above all by the current economic situation and by the new growth of oil prices. Also negative have resulted the last three months' data and that ones joined to the load factor. To complete the negative situation there is also the defeat in the arbitration against the Italian carrier that has seen the Dutch carrier condemned to pay EUR 150m. For...

AVIONEWS - World Aeronautical Press Agency - 38287
Rome, Italy, 01/08/2003 17:21
AVIONEWS - World Aeronautical Press Agency

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