The downturn started??...now Joon.

[Aso]

The AF group had a great Low Cost Long Range operation in the group looooong before it became fashionable called Martinair... They flew the highest hour and cycle 767's, MD11 and even 747 on a long range VFR network... But just like KLM stopped Buzz by selling it to RYR before restarting a low cost again through Transavia the KLM/AF f@cked up Martinair and tried with AF pilots and management to start a low cost operation for Millennials

And now several millions later they figure out again that they are not even good at running a high cost airline let alone a low cost....