Barclays lowered the firm’s price target on Air France-KLM (AFLYY) to EUR 8.50 from EUR 9 and keeps an Equal Weight rating on the shares.

KLM's third-quarter earnings were hit by the Paris Olympic Games and rising costs, pushing their operating result below forecasts.

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The government has confirmed meetings with Air France-KLM, Lufthansa and British Airways-owner IAG. Reuters reported in ...