Air France-KLM Posts $8.5B Loss For 2020, Sees Challenging First Quarter

AFKLM
Credit: Air France-KLM
PARIS—Air France-KLM has posted a €7.1 billion ($8.5 billion) full-year net loss after an “unprecedented 2020 for the airline industry.” Conditions remain challenging in the first quarter (Q1) of 2021, in which the group expects to operate about 40% of pre-pandemic capacity as ongoing COVID-19...

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