Air France-KLM Group Grapples With Not-So-New Economic Realities

Credit: Air france
The Air France-KLM group is paying a high price for underestimating the robust growth of low-fare carriers in the European market, including on French domestic pairs. And, adopting the broad view, it is now obvious that the group's French arm still retains, to some extent, the outdated mindset of a...

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