KLM grounds seven B787s but claims no impact on air cargo operation
KLM Cargo has denied that the grounding of seven 787s has impacted its cargo operations. The ...
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By Alex Lennane
Air France KLM this morning released its full year results for 2014, revealing that the carrier was again in the red, and cargo was down. With flat group revenues of €24.9bn, EBITDA was €1.5bn, down €266m. Excluding last year’s damaging strike, EBITDA rose €159m to €2bn. The adjusted net result was a loss of €535m, with the 14-day pilots’ strike costing the company €425m.
Despite previous announcements that more details on the restructuring of the cargo operation would be revealed in ...
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