Air France-KLM CEO ‘not convinced yet’ of low cost long haul business model

    Air France-KLM CEO Benjamin Smith said he is “not convinced yet” of the low cost long haul business model (Skift, 02-Jul-2019). “I think most people in the industry are not convinced that you should go buy brand new 787s without a true premium cabin, while not being able to get prime slots at the best airports”, Mr Smith said. He argued Air France can discount the remaining 50 to 100 seats on its widebody aircraft and still be profitable. “In the summer if you want a price to New York, or to LA or to San Francisco, we have built in LCC on some of these big airplanes”, he said.