Air France said net profit rose 19% in its latest fiscal year to a record €421 million ($360 million). The company said that strong sales growth helped offset a rise in fuel prices and the cost of integrating regional carriers. Revenue rose 19% to $10.5 billion. For the fiscal year ended March 31, 2001, operating profit rose 23% to $378.5 million. That matched analysts’ expectations
Read MoreThe European Commission ahs decided to give restructuring aid of 448m euros to Sernam.
Read MoreFrench post office airline subsidiary Europe Airpost, formerly L’Aeropostale, said it is forecasting a 2001 turnover of 147.6 million euros. The vast majority of this figure, around 95 percent, will be accounted for by the airline’s domestic air cargo network which carries around 500 tonnes of mail and express shipments daily on behalf of La Poste and its subsidiaries
Read MoreThe French post office (La Poste) is to take control of Delta Diffusion, a subsidiary of Comareg, part of French publishing company Vivendi Universal Publishing, through its own subsidiary Mediapost
Read MoreFrench post office La Poste plans to take over Delta Diffusion, via its subsidiary Mediapost. Delta Diffusion, the targeted mail-shot and geomarketing specialist with a turnover of 127m euros is a subsidiary of Comareg, part of the Vivendi Universal Publishing group
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