Air France-KLM 2012 troubles
01/25/2012 in General
PARIS — Air France-KLM’s (AF.FR) financial situation is “extremely tight” and the company incurred a substantial operating loss in 2011 for the fourth consecutive year due, among other things, to rising fuel costs, the chief executive of Air France, one of the Franco-Dutch group’s two airline divisions, said Wednesday. Alexandre de Juniac told a French parliamentary commission that Air France-KLM’s [...]
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