Air France KLM Group reported a first-quarter loss of €368 million ($481.3 million), widened from a €367 million loss in the year-ago period.
Air France KLM Group reported a first-quarter loss of €368 million ($481.3 million), widened from a €367 million loss in the year-ago period. The Group said the results were largely in line with expectations, with the rise in fuel costs outstripping a 5.6% increase in passenger unit revenue. Ongoing weakness in the cargo sector, driven by the persistent weakness of international trade, also contributed to what the carrier described as “a tough quarter.” Revenue ...
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