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Paris attacks cost €70m in December, says Air France-KLM

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Air France planeImage source, Getty Images

Air France-KLM has said lower bookings after the Paris terror attacks led to a €70m ($76m; £52m) drop in revenues in December.

However, bookings picked up towards the end of the month, suggesting a "progressive recovery", it said.

The airline suffered a €50m fall in revenues in November after the attacks, in which 130 people were killed.

In December, North America and Asia flights were particularly affected, the airline said.

In its , the company said: "The negative impact of the Paris attacks on December revenues is estimated to be around €70m, with significant easing during the last two weeks.

"Booking trends in December were in line with a progressive recovery."

Passenger numbers on Air France, KLM, and HOP! dropped 1.1% to 6.2 million.

But once Dutch budget airline Transavia was included, total passenger numbers were "stable" at 6.7 million.

Air France-KLM shares rose 2% in early trading to €7.73.

Last month, another airline, Monarch, said passengers had booked trips later in the immediate aftermath of the attacks in Paris and Sharm el-Sheikh, but that bookings had later recovered.

Scandinavian carrier SAS also said it had seen a drop in travel to Paris straight after the 13 November attacks.

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