Air France-KLM halves losses in 2021

Air France KLM halves losses in 2021

(Finance) – The 2021 of Air France-Klm it closed with a net loss of 3.3 billion euro, which in any case represents a loss by half compared to the previous financial year conditioned by the biggest crisis experienced by air transport due to the consequences of the pandemic. The revenue was € 14.3 billion, up 29% compared to 2020, but still well below the € 27.2 billion in 2019.

The Air France-KLM group carried 44.7 million passengers (+ 31%), but what matters most is the data referring to the fourth quarter of 2021, when a Operating income positive since the start of the pandemic.

The net debt reported by the group in 2021 is 8.2 billion euros, in the case of 2.8 billion. One is on the horizon recapitalization for about 4 billion euros, which would allow the repayment of state aid received to deal with the crisis caused by the health emergency.

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