Air France / KLM posts £1bn loss

All is not well in the world of aviation

1bn loss makes a good headline, but nearly 500m are one-off restructuring charges, so in real terms running loss of circa 500m. Falling debt, reduced year-on-year operating loss of 50m and over 80% capacity...

Not great, but probably not as dramatic as headline.

[buns]

Gives a reason to start charing for luggage :w

buns

Gives a reason to start charing for luggage :w

buns

I fear you're right, it's only a matter of time before European legacy airlines join the crowd ...