1. Air France concerned on the impact of terror attacks

Air France concerned on the impact of terror attacks

Geographical and economic uncertainties in France after the recent series of terrorist attacks are making tourists wary of travel.

By: | Published: July 28, 2016 12:06 PM
Recently in an incident on July 14 Bastille Day, a terrorist plowed a truck into people at Nice and killed 84 of them. The current rise in terrorist activities started after the bombing on a satrical newspaper in France called, Charle Hebdo. (Reuters) Recently in an incident on July 14 Bastille Day, a terrorist plowed a truck into people at Nice and killed 84 of them. The current rise in terrorist activities started after the bombing on a satrical newspaper in France called, Charle Hebdo. (Reuters)

Geographical and economic uncertainties in France after the recent series of terrorist attacks are making tourists wary of travel. According to half-yearly results of Air France-KLM, the ticket sales are so low after the recent attacks in the country that they may exhaust whatever they had saved from low fuel costs. Air France-KLM reported that their revenues fell 5.2 percent EUR 6.22 billion compared with the same quarter last year. Along with Air France, other European airlines also warned of the impact. The airline has said that globally the context is quite uncertain which has resulted in pressure on unit revenues and France overall as a tourist destination. Air France-KLM’s results data alongwith this warnings comes right after two ISIL supporters slit a priest’s throat.

The Franco-Dutch airline had earlier had a profit of EUR 41 million after there was a 30% decline in fuel costs. The airline also said that the expected fuel bill for this year is somewhere around EUR 4.6 billion which is EUR 1.6 billion less than the previous year. France since the last 19 months has been suffering from a wave of terrorist attacks, and that has shaken the country mentally and economically. Recently in an incident on July 14 Bastille Day, a terrorist plowed a truck into people at Nice and killed 84 of them. The current rise in terrorist activities started after the bombing on a satrical newspaper in France called, Charle Hebdo.

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