Air France-KLM (AFLYY.PK) reports it realized a staggering loss of €1.13 ($1.49B) in 2012 as the...

|About: Air France-KLM ADR (AFLYY)|By:, SA News Editor

Air France-KLM (AFLYY.PK) reports it realized a staggering loss of €1.13 ($1.49B) in 2012 as the combination of higher fuel prices and weak demand continue to hit the carrier. The company is one year into a three-year turnaround plan which will see it shed more than 10% of its workforce.