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Air France / KLM posts £1bn loss

PostPosted: 23 Feb 2013, 18:28
by Sealink

Re: Air France / KLM posts £1bn loss

PostPosted: 23 Feb 2013, 22:23
by northernhenry
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.

Re: Air France / KLM posts £1bn loss

PostPosted: 24 Feb 2013, 08:24
by buns
Gives a reason to start charing for luggage :w

buns

Re: Air France / KLM posts £1bn loss

PostPosted: 24 Feb 2013, 09:13
by slinky09
buns wrote: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 ...