Record loss for Air France-KLM

Europe's Air France-KLM has posted record losses of EUR1.55 billion for last year, its biggest loss since the two airlines merged in 2004. Drops in air cargo in particular were blamed, the company lost EUR811 million in 2008.

Record loss for Air France-KLM

Europe's Air France-KLM has posted record losses of EUR1.55 billion for last year, its biggest loss since the two airlines merged in 2004. Drops in air cargo in particular were blamed, the company lost EUR811 million in 2008.