News / Europe's airlines battle recessions - and talk takeovers

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All eyes will be on Europe’s carriers this year, as they battle their way through recessions and corporate restructuring. Air France-KLM has a particularly tough challenge as it continues with its attempt to take 20% out of its cost structure ? in the face of this year’s predicted recession in the Netherlands, and the French central bank’s assertion that France fell into a ‘mild’ recession at the end of 2012. But the carrier has denied reports in local media that ...