Airline

No surprises as European airlines continue to decline

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No surprises as European airlines continue to decline

Air France-KLM has reported a full-year loss with a warning that results for the current six months will show a further deterioration. The airline posted a net loss of €809m ($1.06bn) from a pro €289m profit in 2010. Revenue at the carrier, increased 4.5% to €24.4bn and traffic was up 6.6%. ...

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