Also in the first quarter the loss was 1.5 billion euros.
Last year, the cabinet gave KLM 3.4 billion euros in support in the form of loans and guarantees. And France gave support to its sister company Air France. State aid rules are very strict, but the European Commission agreed.
Record loss last year
Over the whole of 2020, the combination of Air France and KLM suffered a record loss of more than 7 billion euros.
The international trade association IATA recently announced that the demand for air travel increased slightly last month compared to May, but aviation is still suffering from the consequences of the corona crisis. Demand was more than 60 percent lower in June than in June 2019, the year before the pandemic broke out.
Another 1.5 billion euros loss for Air France-KLM
Source link Another 1.5 billion euros loss for Air France-KLM