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Air France profit plunges as group sales fall

Paris, France - This is the seventh positive year for French air company

Air France reported yesterday a drop in annual profit. Net profit in the 2003/04 financial year fell 22.5 percent to EUR 93m and the price of shares in the company rose 'til now 4.09% to EUR 12.99 in bourse of Paris. The group sales fell 2.8% to EUR 12.337bn. The French air company transported a total of 43.7 millions of passengers with a positive rise of 1.7%. At the end of March it held EUR 4bn of...

AVIONEWS - World Aeronautical Press Agency - 63496
Rome, Italy, 05/19/2004 13:48
AVIONEWS - World Aeronautical Press Agency

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