AIR FRANCE-KLM GROUP

July 30, 2021
AIR FRANCE-KLM GROUP had €1.5b net loss for 2Q21 (vs €98m profit in 2Q19) on 61% lower revenues; it has €9.4b liquidity. It says it is seeing initial signs of recovery and is projecting 3Q21 network capacity will be down 30-40% vs 3Q19.

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