Air France-KLM’s 1Q net loss deepens; strategy update promised

Credit: Rob Finlayson
Air France-KLM reported a first-quarter net loss of €320 million ($358 million), widened from a €269 loss in the 2018 quarter, and the group’s CEO said investors will receive a strategy update later this year. “As anticipated, the first quarter has been challenging for the European airline industry...

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