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Tough first quarter for KLM despite strong demand for tickets
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RussiaMarjan-rintelTransaviaKlmAir France-KLM has reported a net loss of 480 million euros for the first three months of 2024, widening by 143 million on a year-on-year basis, with operating margin deteriorating by 2.5 points to...
TransaviaMarketsAir France-KLM suffered a loss of almost half a billion euros in the first quarter. That is the largest quarterly loss since the first quarter of 2022, around the end of the coronavirus pandemic. The negative result was partly due to high costs at KLM as a result of disrupted service in January and February. There was also a reduction in turnover from the group’s freight division.In the first three months of this year, Air France-KLM recorded a net loss of 480 million euros. A year earlier, the loss was 337 million euros, and in 2022 it was 552 million euros.
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