The cost-cutting plan of Air France-KLM and Lufthansa, designed to reduce expenses, was successfully implemented as reported in the first quarter, resulting in a laptop opening amid challenging market conditions.

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Strike disruptions, restrained bookings caused by tension in the Middle East, and weak cargo demand resulted in first-quarter losses.

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Article Details

Author / Journalist: Kate Duffy, Bloomberg

Category: EconomyBusiness

Markets: United StatesFrance

Topics: Airline industry Lufthansa Air france Strikes Middle East War

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-30 @ 09:23:46 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 19 words

Reading Time: 1 minutes read

Sentences: 19 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 20836533

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 13 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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