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Analysis: it's all about costs at AF-KLM, but angry unions may blunt its cutting edge

© Mario Beauregard
© Mario Beauregard
By

Air France-KLM is still operating under great financial pressure, in spite of a decent trading update this week, particularly if oil prices keep rising and costs are not carefully managed over the next couple of years.

Its shares plunged more than 4% on Wednesday, in the wake of a ...

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