Revaluation Of Northwest Shares Helps KLM Post Record Net Profit
Aided by Northwest, KLM reported record net income of 547 million Dutch guilders (US$320 million) for fiscal 1996. A revaluation of its stake in the U.S. carrier added 258 million guilders (US$150.93 million) to the Dutch company's bottom line. The airline also announced plans to acquire additional...
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