Atlanta, GA 7/29/2008 8:32:08 PM
News / Business

Air France KLM (EPA:AF) to Release Q1 2008 Earnings August 5

Air France KLM (EPA:AF) will release the first quarter earnings for 2008 on Tuesday, August 5.  The financial results will be posted on the company’s website at airfranceklm-finance.com/14.

 

Air France-KLM is an airline company. The Company's core business is passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport related activities, including principally catering and charter services. The Company’s business segments comprise: passenger, cargo, maintenance and others. The Company operates in five geographical regions: Europe and North Africa; Caribbean, French Guiana and Indian Ocean; Africa, Middle East; Americas, Polynesia; Asia and New Caledonia.

 

As of March 31, 2008, Air France-KLM fleet in operation comprised: aircraft other fleet 8%; aircraft in the regional fleet 31%; long-haul aircraft 28%, and medium-haul aircraft, which represented 33%. On February 14, 2008, the Company acquired VLM Airlines. In January 2008, the Company acquired an additional 1.25% of KLM. After this acquisition Air France-KLM held 98.75% interest representing 49% of KLM voting rights.

 

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