Air France KLM slips on lower summer sales forecast
** Shares of Air France KLM AIRF.PA slip 1.5% after the Franco-Dutch airline group flagged a hit to summer sales due to the Olympic Games in Paris
** The shares reversed course after opening around 3% higher, as French stocks surged in a post-election relief rally
** Air France KLM sees a 160-180 million euro ($172 million-$194 million) hit to its unit revenue in June-August period
** "The impact on the Air France brand is likely to be around twice that, as KLM and Amsterdam should not be experiencing similar dynamics," Bernstein writes in a note
** Bernstein adds it expects the group's low-cost unit Transavia to be "reasonably ok"
** The stock, down around 40% YTD, is one of the few fallers on France's SBF 120 index .SBF120
($1 = 0.9302 euros)
Reporting by Gianluca Lo Nostro and Michal Aleksandrowicz
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