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815m-euro Q1 operating loss gives Air France-KLM first taste of coronavirus impact

Published Thu, May 7, 2020 · 09:50 PM

Paris

TWO weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro (S$1.24 billion) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover.

In the month of March, there was an "abrupt plunge in revenue that will obviously extend through the s…

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815m-euro Q1 operating loss gives Air France-KLM first taste of coronavirus impact

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Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

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