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Cargo IT Meltdown Hits Air France-KLM Earnings - Air France (OTC:AFLYY)

Air France-KLM Group (OTC: AFLYY) said Tuesday that the bungled rollout of a new cargo IT system in March contributed to lower revenues during the first quarter, which in turn acted as a drag on earnings for the corporation. The joint venture reported cargo revenues fell 16.5% year over yea ....

United States , France General , Red Sea , Djibouti General , Cma Cgm , American Airlines , Air France , Delta Air Lines , Paris Charles De Gaulle , Martinair Cargo , Qantas Freight ,

Martinair pilots sign collective agreement with KLM and receive 33 percent more pay

Trade union AVV and KLM reached an agreement in principle on a new collective agreement for the former Martinair pilots on Friday, AVV announced on Saturday evening. The approximately 150 freight pilots will receive a 33 percent pay rise this year and employment protection until April 2026. The strikes that have been ongoing since February 1 have come to an end. ....

Martin Pikaart ,