Air France CEO says luxury strategy helps offset Iran-war fallout
Chief Executive Ben Smith told Reuters the airline’s luxury focus is helping it weather fallout from the Iran war.
Air France's push into luxury is helping cushion the Paris-based carrier from the fallout of the Iran war, Chief Executive Ben Smith told Reuters on Friday. Smith said the strategy, which includes generous helpings of caviar and champagne, is proving costly but appears to be paying off for the airline.