皇冠体育app

/ Business

Air France reports $1.06 billion net loss

皇冠体育app Daily | Updated: 2012-03-09 07:32

Air France reports $1.06 billion net loss

Jean-Cyril Spinetta, CEO of Air France-KLM Group, froze pay and hiring in January and began productivity talks with unions, hoping to deliver 2 billion euros ($2.65 billion) in annual savings. Chris Ratcliffe / Bloomberg

Air France-KLM Group, Europe's biggest airline, reported a full-year loss as a sluggish economy and high fuel costs crimped earnings and said results for the current six months will show a further deterioration.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US