Air France-KLM profits soar despite strikes costing airline €335 million - News Summed Up

Air France-KLM profits soar despite strikes costing airline €335 million


Fifteen days of strike cost the company 335 million euros, Air France said. On Tuesday, Air France pilots voted by 85 percent in favour of a new pay deal, concluding a series of long employee-management negotiations. The group said it had carried more than 100 million passengers last year, making it the leading European airline for long-haul traffic. Transavia, a low-coast subsidiary, carried 15.8 million passengers last year, an increase of 7.1 percent on 2017. "We can make a lot more money compared to last year," he said, adding that Air France-KLM would also be looking to renewing its fleet to replace some of its more fuel-guzzling planes.


Source: The Local February 20, 2019 08:37 UTC



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