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    Air France-KLM goes for further cost cuts

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    euronews (in English)

    by euronews (in English)

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    Air France-KLM has unveiled major new cost-cutting measures.

    The airline said they would come in in the Autumn and would include voluntary redundancies as well as what it termed "industrial and commercial initiatives".

    The moves are in response to Europe's weak economy which is hitting the company's efforts to turn around its cargo and medium-haul businesses.

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    http://www.euronews.net/