Air France and KLM are finding cargo business more profitable under the same corporate roof.

Merged into Air France-KLM, the airline operation generated $212.6 million in cargo operating profits in the year ending March 31, an 18.6 percent improvement over the year before. The gain came on an 11.9 percent increase in cargo revenue, which reached $3.68 billion in the fiscal year.

A 3.1 percent increase in cargo tonnage, and traffic growth of 3.5 percent was behind a 6.5 percent expansion in capacity. But yield was up 6.8 percent.

The strong cargo results helped the overall airline post a 29.3 percent increase in net profit, to $1.17 billion.