KLM plans to use Embraer 195-E2s instead of Airbus A320s.
Credit: Joris Verwijst/BSR Agency/Getty Images
As Europe’s airlines enter the winter season, the outlook is worsening. High fuel prices are still weighing on their costs, and hedging is set to offer less protection the longer the crisis drags on. Now carriers are looking to job cuts and fleet simplification to weather the storm. As European...
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