Air France-KLM Revenue Hit by France's Violent Street Protests
- Carrier says demonstrations shaved 15 million euros off sales
- Group publishes lackluster traffic figures, hurt by strikes
Photographer: Stephane De Sakutin/AFP via Getty Images
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Air France-KLM Group said December revenue was crimped by violent French street protests, capping a turbulent year for a carrier struggling to get past a damaging labor dispute and revamp of top management.
The Yellow Vests anti-government demonstrations shaved around 15 million euros ($17 million) off monthly sales, the Paris-based company said Wednesday in a statement on traffic. The number of passengers carried by Air France and local unit Hop! fell 0.2 percent compared with December 2017, contrasting with 7.2 percent growth at Dutch arm KLM.