Markets

Air France-KLM shares fall 6%

Reuters Paris | Updated on January 24, 2018 Published on February 19, 2015

Shares in Air France-KLM fell almost 6 per cent after the group warned overcapacity on some routes and currency swings would offset most of the gain from lower oil prices this year, prompting it to strengthen cost cuts while easing a key debt reduction goal.

In early trading following the release of lower 2014 core revenue and earnings, shares in Europe’s second-largest traditional carrier were down 4.4 per cent at €7.238.

Published on February 19, 2015
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