Air France to cut 40% of domestic flights after bailout

AFP

2020/05/28 | 315 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Air France to cut 40% of domestic flights after bailout © Le Journal de l'Aviation - All rights reserved

Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, the company's chief executive said Wednesday."Capacity will be reduced by 40 percent between now and 2021, with some destinations dropped," Benjamin Smith told shareholders at the airline's annual general meeting in Paris.The French government has made any bailout contingent on profitability ...(…)

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