AIR FRANCE-KLM GROUP

May 19, 2020
AIR FRANCE-KLM GROUP lost €1.8b in 1Q20 (vs €326m loss in 1Q19) on 15.5% lower revenues; AIR FRANCE GROUP lost €536m on 18% lower revenues and KLM GROUP lost €275m on 10% lower revenues. It expects to burn €1.2b cash in 2Q20.

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