Air France-KLM reveals strike impact

Wednesday, 19 Feb, 2015 0

Air France-KLM has said its strike last September cost the airline €495m in lost revenue.

It reported a drop in its full-year profits saying the strike, which was the longest in 20 years, offset the savings made by lower fuel prices.

The strike was due to a dispute with pilots over plans to expand the group’s budget airline Transavia.

The airline group said it planned to cut investment by €300m euros a year in 2015 and 2016, reports the BBC.

Chief executive Alexandre de Juniac, said: "With the way we see the market developing, except for the North Atlantic, we are being very, very cautious."



 

profileimage

Diane



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...