PARIS—Franco-Dutch airline operator Air France-KLM is rolling out a new medium-haul and long-haul budget airline that could service cities in the U.S. and Asia, its latest maneuver to take on low-cost rivals and Middle Eastern carriers. The new airline, set to start flying on routes to Asia in the winter 2017, would take over some of the least profitable Air France services and will operate them with staff on lower salaries, the...

Source: Wall Street Journal November 03, 2016 09:38 UTC