Air France-KLM may cut long-haul flights

3rd February 2009, Comments 0 comments

The airline is weighing a reduction in long-haul flights for this summer and winter by one or two percent, reports a French newspaper.

PARIS – The French-Dutch airline Air France-KLM is weighing a reduction in long-haul flights by between one and two percent for this summer and winter 2009-2010, the carrier's chief executive said in a newspaper interview on Monday.

"We hope the 2008-2009 fiscal year will be positive but that will depend on what happens in the next few weeks," the chief executive, Pierre-Henri Gourgeon, was quoted as saying by French business daily Les Echos.

The newspaper said that internal forecasts made by the airline reckoned on a reduction this summer of long-haul flights by two percent and of short-haul flights by four percent.

Air France-KLM in January posted losses of around EUR 200 million for the third quarter of its 2008-2009 fiscal year as global cargo and passenger traffic slumped in the economic crisis.

[AFP / Expatica]

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