Adecade after its merger to form the Air France-KLM group, Europe’s second largest carrier grouping marked its 10-year anniversary with more red ink, more questions than answers around its cargo division restructuring and a cargo staff moral that surely must be at rock bottom. The group’s full year results for 2014, reveal flat revenues of €24.9 billion and EBITDA of €1.5 billion, down €266 million. Excluding last year’s damaging strike, EBITDA rose €159 … [Read more...] about The writhing of a giant