Saturday 19 December 2015

Air France-KLM says Paris attacks cost £36 million in bookings slump

NOVEMBER’S terrorist attacks in Paris cost Air France-KLM €50 million (£36.11 million) during the rest of the month.  

While daily ticket sales have generally recovered from the November 13 murders, a slump in bookings in the immediate aftermath left thousands of seats unsold stretching into next spring, Bloomberg reports.

The Japanese market, one of the biggest for tour groups to the French capital, has been worst hit, said Air France-KLM chief financial officer, Pierre-Francois Riolacci.

The attacks further undermined demand that had slumped since the January 7 killings in the offices of French satirical magazine Charlie Hebdo and a Jewish grocery store in Paris. North America was also badly affected, whereas the impact on travel from China was minimal since the media there did not give the same blanket coverage, Mr Riolacci said.


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