Air France-KLM needs to raise 1 to 2 billion euros in 2022-Les Echos – 01/06/2022 at 7:16 pm


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PARIS, January 6 (Reuters) – The Air France-KLM group

AIRF.PA will have to carry out a new capital increase of 1 to 2 billion euros in 2022 to reconstitute its own funds and meet its commitments, reports the daily Les Echos on Thursday.

According to Les Echos, this fundraising will not be the last for Air France-KLM which, according to estimates, would need 4 to 6 billion euros to “stay in the front line of air transport”.

“It will not only be a question of convincing the State as a shareholder, but also private investors: without them, Air France will not be able to finance its future”, underlines the daily.

Air France-KLM has received more than 14 billion euros in aid from the French and Dutch states since the start of the health crisis linked to the coronavirus pandemic.

A spokesperson for the group was not immediately reachable.

(Report Richard Lough and Geert De Clercq, written by Matthieu Protard)



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