Air France-KLM has added an extra €500 million ($654 million) to its savings target for 2013-14, in an effort to match the margins of its peers.
By Rob Finlayson Air France-KLM has added an extra €500 million ($654 million) to its savings target for 2013-14, in an effort to match the margins of its peers. The changes are part of the group’s Transform 2015 restructuring plan. Earlier this year, the Franco-Dutch airline group outlined plans for a €1.4 billion investment in 2013, followed by a further €1.6 billion in 2014. However, an Air France spokeswoman said these figures have now been cut by ...
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