Air France-KLM Repays COVID-19 State-Guaranteed Loan

Air France-KLM
Credit: J Poulssen / Alamy Stock Photo
Air France-KLM has fully repaid the remaining €2.5 billion ($2.7 billion) from its initial €4 billion state-guaranteed bank loan granted to help the airline group through the COVID-19 crisis. On March 15, the group said that its solid cash position—combined with €1 billion in proceeds from a...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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