Air France-KLM lost slightly more than $54 million in revenue after the deadly Paris terrorist attacks last month, airline officials said Tuesday.
Many customers canceled their flights after the Islamic State of Iraq and Greater Syria (ISIS) killed 130 people in the worst attack on French soil since World War II, the company added.
The coordinated assaults took place in various locations around the city on Nov. 13. Fallout from the attacks “significantly impacted” traffic in November, officials said. The airline said its passenger totals were higher during the same period last year.
“The impact was pretty much concentrated on the local traffic to and from Paris,” Air France’s Chief Financial Officer Pierre-Francois Riolacci told reporters during a conference call, according to the Washington Post.
Air France, which is headquartered at Charles de Gaulle Airport near Paris, said it expects a “progressive recovery” and a “very limited impact on volumes” at the end of December.
More Must-Reads from TIME
- How Donald Trump Won
- The Best Inventions of 2024
- Why Sleep Is the Key to Living Longer
- How to Break 8 Toxic Communication Habits
- Nicola Coughlan Bet on Herself—And Won
- What It’s Like to Have Long COVID As a Kid
- 22 Essential Works of Indigenous Cinema
- Meet TIME's Newest Class of Next Generation Leaders
Contact us at letters@time.com