Air France-KLM Cargo awash in red ink
Once the largest cargo airline in Europe, Air France-KLM Cargo has lost over $1 billion in the past five years.Air France-KLM Cargo’s third-quarter operating loss soared by almost a fifth from a year ago as it scrambled to downsize its unprofitable freighter operations against a backdrop of tumbling margins.
The Franco-Dutch…
Air France-KLM Cargo awash in red ink
Journal of Commerce