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Air France Sees Slow Rebound From Attacks After $54 Million Hit

  • Catching up on bookings could take three to six months
  • Japan, North America among worst-hit markets, CFO Says
International Flight Operations At Charles de Gaulle Airport
Photographer: Marlene Awaad/Bloomberg

Air France-KLM Group said it could be May before its pipeline of forward bookings returns to normal following last month’s terror attacks in Paris, which cost the carrier 50 million euros ($54 million) in the last few weeks of November alone.

While daily ticket sales have generally recovered from the Nov. 13 killings, a slump in bookings in the immediate aftermath has left thousands of seats unsold stretching into next spring, and it may be three to six months before usual levels are restored, Air France-KLM said in a statement Tuesday.