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Company Watch - Air France-KLM Group.

For more company news, data and analysis, please go to: Sep 4, 2006

Air France Air France
 in full Compagnie Internationale Air France

French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde
 last Thursday moved all its flights to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  to Terminal 2E at Paris-Charles de Gaulle except for services to Detroit and Cincinnati. Passengers who have up to now passed through this terminal (mainly operations to African destinations) have been transferred to other international terminals at Paris-CDG2, mostly to 2C. These changes have been brought about by the additional security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising"
 recently introduced. Air France operates flights to 13 cities to the USA, a total of 22 daily flights. The airline strongly advise customers to check on its Internet site and make provision for connections when transferring to and from its UK regional destination. Sep 2, 2006

Air France flights to the US (except Detroit and Cincinnati) will be concentrated at Paris Charles de Gaulle's Terminal 2E from today. Flights that were handled at 2E, mainly to Africa, will be transferred elsewhere in T2. AF operates 22 daily flights to 13 US cities. Aug 30, 2006

Air France-KLM Air France-KLM (Euronext Paris: AF, NYSE: AKH) is an airline company incorporated under French law with its headquarters at Roissy-Charles de Gaulle Airport near Paris, France.  doubles first-quarter profit as rumors For other uses, see Rumor (disambiguation).

Rumors is a farcical play by Neil Simon.

At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary.
 of Alitalia merger persist. Air France-KLM Group yesterday raised its full-year forecast and said it expects to "generate a significant increase in operating income Operating Income

The profit realized from a business' own operations.

This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit.
 compared to last year" as it reported a net profit of [euro]244 million ($313 million) for its fiscal first quarter ended June 30, more than double the [euro]112 million earned in the year-ago quarter. Sep 1, 2006

Air France-KLM operating income rose 84.3% to [euro]411 million from [euro]223 million on an 11.9% increase in revenues to [euro]5.8 billion. Expenses climbed 11.8% to [euro]3.24 billion, driven by a 24.8% jump in fuel costs to [euro]1.01 billion. Sep 1, 2006

Air France-KLM activity was "dynamic" in both the passenger and cargo segments, AF-KLM noted, and was accompanied by improvements in unit performance. Yield rose 4.5% to 8.76 euro cents as passenger revenues grew 12.1% to [euro]4.61 billion and traffic lifted 7.7%. Unit revenues increased 7.2% to 7.14 euro cents and CASK rose just 2.9% to 6.47 euro cents. It fell 0.9% on a constant currency and fuel price basis. Capacity was up 5% and load factor gained 2 points to 81.5%. Sep 1, 2006

Air France-KLM turnover from the cargo business rose 10.5% to [euro]729 million and operating income more than doubled year-over-year to [euro]28 million from [euro]11 million. Net debt dropped to [euro]3.72 billion from [euro]5.5 billion on June 30, 2005. Sep 1, 2006

Air France-KLM yesterday once again denied mounting rumors of a pending tie-up with financially struggling Alitalia. "There are clear conditions set for a merger with Alitalia, and they are not fulfilled ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

," AF-KLM Deputy CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Pierre-Henri Gourgeon told analysts during a teleconference. "Alitalia should be privatized, and its recovery plan should demonstrate with real figures that recovery is on track." Gourgeon also brushed brushed  
Having a nap produced by brushing: a dress made of brushed cotton.


 aside recent reports in the French and Italian press of a secret deal between the French and Italian governments that would exchange French support for the merger with Alitalia for renunciation The Abandonment of a right; repudiation; rejection.

The renunciation of a right, power, or privilege involves a total divestment thereof; the right, power, or privilege cannot be transferred to anyone else.
 by Italy's Enel energy company of any intention to bid for France's SUEZ. The French government holds 18% of AF-KLM. The group and Alitalia hold small cross-shareholdings of about 3%. Sep 1, 2006
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Publication:Airguide Online
Geographic Code:4EUIT
Date:Sep 4, 2006
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