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Air France KLM Cargo must endure “a period of pain” to get back to profitability, according to interim executive vice-president cargo, Bram Graeber.

Noting how important cargo was to the carrier, Mr Graeber said it must win back lost volumes and cut costs: “We have to adapt. That’s the reality of the current market. Being good at cargo is essential to the airline’s survival – we need it.”

The carrier announced its poor first-quarter results at the end of April, bucking an ...

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