PARIS (AP) - Air France-KLM said Tuesday it would deepen a cost cutting plan this year after rising oil prices led to a higher fuel bill and a steep drop in first quarter earnings.
Europe's largest airline said it would seek to save an additional euro190 million (US$296 million) on top of the euro430 million (US$669 million) already budgeted, taking the total planned savings for the year to euro620 million (US$965 million).
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