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 ...

Subscribe to Access this Entire Article

"Air France adds €500 million in spending cuts" 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?

Already registered? here.