Franco-Dutch carrier Air France-KLM is raising its prices, it said on Friday, to counter increased costs as inflation accelerates.
The general price rises will allow the group to maintain a significant level of investment in the business, the airline said in a statement.
Fares are increasing by as much as EUR20-50 on long-haul return flights, between EUR4 and EUR14 on medium-haul services and EUR2 on short-haul routes, Air France-KLM said.
French Finance Minister Christine Lagarde said on Tuesday that a government-commissioned panel of independent economic advisors was forecasting inflation of 1.8 percent this year in France.
The government had previously forecast inflation at 1.5 percent in 2011, the same level as in 2010. It forecasts the French economy will grow 2 percent this year.
|