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Air France posts rise in net profit to $317.5 million for its fiscal year

Article Abstract:

Air France, the flag-carrier of France, posted F1.87 billion, or $317.5 million, in net profit in the fiscal year ended Mar. 31, 1998, up from the company's net profit of F394 million for the last fiscal year. According to Air France, the company is on its way to achieve its profitability goals for the year 2000 once normal operating situation will continue to prevail. In the year 2000, Air France targets to reach a gross operating profit margin of 15%, an increase from 9.3% in gross operating profit margin in 1997, and 12% in gross operating profit margin in 1998. The French carrier had placed an order for 20 planes from Airbus Industrie, with an option for additional 20 aircraft.

Comment:

Posts F1.87 bil in net profit in the fiscal year ended 3/31/98, up from its F394 mil in net profit in previous fiscal yr

Scheduled Airlines, Scheduled Air Transportation, Airlines, Air France KLM S.A., Article

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Wanadoo swings to profit as costs come under control

Article Abstract:

Wanadoo S.A. posted 30 million euros in net profits for the 2002 year, compared to a 193 million euros loss in 2001. Wanadoo was helped by improved cost controls.

Telegraph & other communications, Finance, Internet service providers, Internet service provider, Company sales and earnings, Company earnings/profit, Wanadoo

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