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Air France Warns of Revenue Hit as Fliers Avoid Paris Games.

Authors :
Kammel, Benedikt
Palazzo, Anthony
Source :
Bloomberg.com; 7/1/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Air France-KLM has warned of a revenue shortfall at its French operations this summer due to passengers avoiding Paris during the Olympic Games. The airline group expects a revenue decrease of €160 million to €180 million from June to August. French residents are postponing holidays until after the Olympics, while international customers are staying away. Despite this, Air France is optimistic about travel returning to normal after the games and is seeing encouraging demand for the end of August and September. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178183067