Air France-KLM targets further cost cuts under Perform 2020

Credit: By Rob Finlayson
Air France is targeting cost savings of €650 million ($735 million) over the next three years as part of the Air France-KLM Perform 2020 plan, which succeeds the group’s Transform 2015 program. The target level of cost saving is equivalent to a 1.5% average annual reduction at the French carrier as...

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