Air France-KLM needs to raise 1 to 2 billion euros in 2022-Les Echos | Photo credits: Air-France / Claire-Lise Have
PARIS, January 6 (Reuters) – The Air France-KLM group will have to carry out a new capital increase of 1 to 2 billion euros in 2022 to rebuild its equity and meet its commitments, the daily Les Echoes.
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)