4/9/2020, 9:17 PM (Source: TeleTrader)
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Air France-KLM needs govt support to maintain operations

Air France-KLM needs support from both French and Dutch governments to deal with the coronavirus crisis that crippled travel demand across the globe and to continue its operations once the pandemic is over, the company said in a press release on Thursday.

"It is now clearer than ever that support from our both Dutch and French governments is needed to meet our cash requirements and enable us to continue our operations once the crisis is over," Air France-KLM Chief Executive Officer Benjamin Smith said in a statement, adding that the coronavirus pandemic is "causing a great deal of uncertainty about the outlook for air transport."

Breaking the News / GA