KLM Royal Dutch Airlines has delayed its intercontinental fleet requirement study again and issued a profit warning for this year after its first quarter figures were "substantially down" on its e100 million ($83 million) estimate. KLM is delaying its choice between a Boeing 767/777 mix and an Airbus A330/A340 deal. The airline blames the downturn on worsening economic conditions in North America and the Asia Pacific. Lufthansa Cargo agreed, saying that it is set to have a "devastating" second quarter.
Source: Flight International
