Air France-KLM Group 2014 profit falls nearly 15% due mainly to the pilot strike

Air France-KLM Group (Air France) (KLM) (Paris and Amsterdam) reported its pre-tax 2014 earnings fell to 1.59 billion euros ($1.81 billion) from 1.86 billion euros ($2.1 billion) for the previous year. As a result, the group is delaying deliveries of aircraft for both Air France and KLM. Air France will also maintain its Airbus A380 fleet at 10 aircraft and delay taking delivery of the last two.

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Copyright Photo: Ton Jochems/AirlinersGallery.com. KLM is celebrating 95 years of flying and is adding special 95 Years logos on select aircraft including the pictured Boeing 777-306 ER PH-BVK (msn 42172) at the AMS hub.

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