The advantage of Air France-KLM decreased by 47.4% between January and September

Paris, October 31 (EFE) .- Air France-KLM made a profit of 627 million euros during the first nine months of the year, 47.4% less than During the same period of 2017. The Franco-Dutch airline group announced today a positive development in the third quarter.

Between July and September, net profit stood at 786 million euros, 145 million more than during the same months of last year, Air France-KLM said in a statement. A press release.

The operating result amounted to 1,292 million euros between January and September, or 403 million less than in absolute terms in 2017 and 267 million fewer in comparable data.

] The operating margin (operating income and sales) remained stable at 6.5%, 2.2 percentage points lower than in the first nine months of the year. 2017 and 1.7 points lower in gross terms. comparable.

If we look at the operating margin The difference is glaring with the two companies in the group: 328 million euros for Air France with an operating margin of 2.7% (minus 3.5 points) and 960 million euros euros for KLM, with an operating margin of 11.6 million euros. % (seven tenths less).

World sales rose 2% on an absolute basis and 5.3% on a comparable basis to 19 977 million euros.

By activity sector, pbadenger activity reached 15,564 million euros. turnover, up 0.6% (against 3.8% at constant exchange rate).

In the freight transportation sector, revenue increased 4.5% (7%). (8% if monetary variations are ignored) up to 1,654 million euros

The low-cost airline Transavia contributed 1,302 million euros of turnover, which represents an increase of 12.2% and maintenance activities. 3 143 million euros, an increase of 2.5%.

Air France-KLM's net debt decreased to 6,349 mi million euros on September 30, or 222 million less than at the end of 2017, which explains the generation of free operating cash flow and the repayment of lease debts.

The Franco-Dutch group has adjusted some of its forecasts to take into account the geopolitical uncertainty and the upward trend in the price of fuel, which calculates that this year will cost 500 million euros more than in 2017, to which will be added another 900 million. additional in 2019.