Coronavirus buffets Air France as 2019 profits dive

AFP

2020/02/21 | 461 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

French-Dutch airline Air France-KLM said Thursday the coronavirus has blown a large hole in 2020 earnings to date while separately unveiling lower profits for 2019."Assuming a progressive resumption of (full-scale) operations from April, the estimated impact of COVID-19 on operating income is for a 150 to 200 million euros hit between February and April," the group said in a statement.Air France-KLM said its forward guidance on the virus hit came on the heels of a 31 percent drop in net prof...(…)

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