Air France KLM Group rebuffed French media reports claiming the company will report a higher operating loss in the fiscal year ending March 31, 2010, than the €129 million ($1.15 billion) deficit suffered in 2008-09 (ATWOnline, May 20) and that it will run low on cash in 2010 amid declining demand and higher fuel prices. AF KLM claimed that in "no respect does it validate any of these imaginary scenarios," noting that its financial position "is, and will remain, extremely healthy in ...

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