Europe’s largest airline by traffic reported on Friday a second-quarter loss of €79 million ($86.7 million), larger than the €11 million it posted last year in the same period, as revenues grew 3%, to €6.64 billion, from €6.45 billion in the second quarter of last year.
Regarding route cutting plans, Air France said the following:
De Juniac said he’ll trim available seating in the second half to meet lower demand, with capacity cuts of 14 percent to Japan, 5 percent to Brazil and 6 percent to East Africa. He also plans to reduce spending on administrative costs by another 300 million euros by 2017.
The company had already announced plans to drop four unprofitable destinations including Kuala Lumpur and Stavanger, Norway, from the Air France network, and had said the Dutch unit will pare flights to 10 European cities, as well as locations in Africa, Japan and Brazil, removing a total of 500,000 seats from the network.