Air France-KLM profits nosedive on strong dollar and A380 withdrawal

AFP

2019/10/31 | 260 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Net profits at French-Dutch airline Air France-KLM fell by more than half in the third quarter, hit by a stronger dollar and the withdrawal from service of the A380 super jumbo A380.Air travel this year has also been buffeted by the economic uncertainty triggered by the US-China trade war as well as the political crises in Hong Kong, Argentina, Algeria and other countries.Net profits fell 53 percent year-on-year to 366 million euros ($408 million), but Air France-KLM CEO Benjamin Smith, a Ca...(…)

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