Air France-KLM seeks further cuts as financial position worsens

Credit: By Rob Finlayson
Air France-KLM has revised downward its 2014 EBITDA target by a further €200 million ($245 million) as its financial position worsens. The carrier said it is considering further cost-cutting measures and is looking at a “significant scale back” in its investment plan. The Franco-Dutch company’s...

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