Overcapacity and weak cargo demand have forced Air France-KLM to shave up to €300 million ($408 million) from its 2014 EBITDA forecast. Air France-KLM originally forecast a full-year EBITDA of €2.5 billion, but it has now lowered this outlook to between €2.2 billion and €2.3 billion. However, it noted the revised forecast is still 20% more than its 2013 results. In June, Air France-KLM carried 7.2 million passengers, up 3.9% compared with June 2013. A 1.8% increase in ...

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