Air France-KLM To Cut Medium-Haul Capacity In Effort To Revive Profits

Air France-KLM Chairman Jean-Cyril Spinetta expects “significant improvement” of medium-haul operations in 2013 following “disappointing results” in 2012. The group this year plans to increase long-haul capacity 2% and reduce medium-haul capacity 2%. The cuts will target point-to-point markets, with...

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