Having moved to slowly to counteract the severity of the current economic downturn, Air France-KLM management is rushing into place further capacity and cost-cutting measures to stabilize its business. The airline group says it will cut capacity 2% during the summer season, said Pierre-Henri Gourgeon, Air France-KLM chief executive. Capacity to North America is to come down 5.1%, followed by that to Asia by 3.5%. Overall, long-haul capacity is to come down 2.2%, with medium-haul capacity ...

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