Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aircraft and transport: redundancy plan causes heavy loss quarter for Air France-KLM

Paris, France - "An improvement in our productivity and costs is necessary"

The French-Dutch group Air France-KLM, which represents the largest European airline, announced record losses in the second quarter of 2012: the 895-million-Euro (roughly 1.1 billion dollars or 700 million pounds) in-the-red quarter balance from March to June represent a 494% increase if compared to the same period in 2011. The balance is made heavier by the 368 million Euro needed to cover redundancy...

AVIONEWS - World Aeronautical Press Agency - 1143971
Rome, Italy, 07/30/2012 12:45
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesGatwick (2). The terminal has also reopened to passengers

The post on X confirms it

The London-Gatwick Airport company has published a post on X that confirms: "The earlier security alert has now been resolved and cleared by police. The South Terminal is reopening to staff and will be... more

AirlinesLOT Polish Airlines adds Malta to its European route network

Inaugural flight in April 2025 four times a week

LOT Polish Airlines, a member of Star Alliance, is continuing the expansion of its European route network and will start serving Malta from Spring 2025. Following the inaugural flight on 16th April 2025,... more

AirlinesEuropean aviation sector calls for dedicated industrial strategy

To help achieve Net‑Zero by 2050

The European aviation industry has sent an open letter to the EU institutions and Member States urging them to prioritise aviation's decarbonisation through a dedicated Industrial Strategy as part of the... more