Air France-KLM reports ‘slowdown’ in Q1 cargo volume

Citing an economic slowdown, as well as “political uncertainties and trade disputes,” Air France-KLM said today that the resulting pressure on airfreight rates caused a 4% unit revenue drop in its first-quarter results. Due to the sluggish economy, airfreight tonnage was essentially flat, at 270,000 tonnes, for the three-month period ending March 31 “Several network […]

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