Air France to axe flights, postpone fleet renewals, in cost-cutting drive

By

The debt-ridden carrier said it will cut some routes to Spain, Italy, Norway and Malaysia, and sought 'to postpone delivery of long-haul aircraft.'

Reading articles is for subscribers only. Subscribe now.

Struggling airline group Air France-KLM said Monday it will stop flying unprofitable routes, reduce capacity on some long-haul flights and review its investment plan for new planes as the company tries to cut costs at a time of slow revenue growth, reports The Wall Street Journal.

1 euro fifteen days

Read more with a subscription priced just 1€ Subscribe