Air France KLM is preparing an in-depth restructuring of its cargo business including a further reduction of its freighter fleet, transfer of all remaining freighters to its Martinair subsidiary and a 20%-30% increase in rates, according to Les Echos. When contacted by ATWOnline, AF KLM said it would not comment on the substance of the report while contradicting several figures used by the newspaper. AF KLM said on Sept. 4 that "with regard to cargo, which has been severely impacted by the ...

Subscribe to Access this Entire Article

"AF KLM reportedly considering cargo restructuring" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.