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14-day pilot strike cost Air France $631 million

2014-10-08 11:18:04| Airlines - Topix.net

Air France-KLM says a 14-day pilots' strike that grounded about half the airline's flights cost the company 500 million euros . The company gave the estimate in a statement Wednesday, and said it hoped to accelerate development of Transavia, a low-cost affiliate that was at the center of the standoff.

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Air France Puts Cost Of Pilots Strike At 500 Million Euros

2014-10-08 11:18:03| Airlines - Topix.net

Air France put the total cost of last month's two-week pilots strike at 500 million euros on Wednesday, wiping more than a fifth off its parent group's estimated full-year core profit. , Europe's second-biggest network carrier by revenue, had already revised down its target for 2014 earnings before interest, tax, depreciation and amortization in July from 2.5 billion euros to between 2.2 and 2.3 billion.

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Senegal oil strike is huge boost for Cairn

2014-10-08 10:36:11| Oil & Gas - Topix.net

CAIRN Energy appears to have returned to form after making an oil discovery off Senegal, which it described as an important event for the West African country. CAIRN Energy appears to have returned to form after making an oil discovery off Senegal, which it described as an important event for the West African country.

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Strike to cost Air France 500m

2014-10-08 08:43:05| BBC News | Business | UK Edition

Air France estimates that last month's two-week pilots strike will cost it about 500m (393m) in lost revenue.

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Air France KLM -- Pilot Strike Over For Now, Crisis Remains

2014-10-05 17:16:35| Airlines - Topix.net

I have over 25 years' experience in international financial journalism, working for the Thomson Reuters news agency in various countries, and had reporting assignments in many more, including China, Japan and the United States. I started as a cub reporter in the Netherlands and worked several years in the very competitive European news hub of London.

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