Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) may leave the dedicated air freighter business after five decades according to Bloomberg Businessweek. The freighter division has been beset by losses in cargo that rose to nearly $300 million last year according to the report.
The airline’s board is weighing options and plans to decide on a strategy by September, according to a report in Bloomberg News.
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Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com. Air France is phasing out its Boeing 747-400 ER freighter fleet with the last to be retired next year. Boeing 747-428 ERF F-GIUA (msn 32866) arrives in Sao Paulo (Guarulhos).