Airline

Worse than expected loss at Air France-KLM for 1Q due to pension charges and fuel

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Worse than expected loss at Air France-KLM for 1Q due to pension charges and fuel

Air France-KLM has reported a worse than expected operating loss of €597m for the first quarter of 2012 and as a result has warned of a higher than expected operating loss for the first half. Reported revenue was up 6% on the same period last year at €5.7bn but its operating loss grew for the q...

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