Bailout will keep Air France-KLM afloat for less than year: CEO

AFP

2020/09/21 | 348 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Bailout will keep Air France-KLM afloat for less than year: CEO © Air France

Bailouts provided to Air France-KLM by the French and Dutch governments will keep the airline flying less than a year, its CEO Benjamin Smith said Monday and evoked the possibility of injecting new capital.In an interview with the French daily l'Opinion, Smith also warned that calls for airlines to contribute more to fight climate change could be catastrophic for their survival which is already under threat due to the coronavirus pandemic.When countries imposed lockdowns earlier this year to...(…)

This article is available on « Le Journal de l'Aviation »

Read the article

Aviation and aerospace newsletter

Sign up for free
to the weekly newsletter!

In the same theme:


Etihad Airways signs landmark deal with Amadeus to introduce next-generation travel technology
2021/09/15 | AEROCONTACT | AIR TRANSPORT

Abu Dhabi-based carrier to implement cutting-edge Amadeus Altéa Passenger Service System (PSS)New booking engine, mobile app, and self-service tools to empower ...


Ryanair inversts €50M in a new Dublin Training & Simulator Centre in agreement with Airline Flight Academy
2021/09/15 | AEROCONTACT | AIR TRANSPORT

5,000 NEW PILOT AND CABIN CREW JOBS TO BE CREATED OVER NEXT 5 YEARS AS RYANAIR RETURNS TO GROWTHRyanair, Europe’s No.1 airline, today (Tues, 14th Sept) anno...


EUROCONTROL is looking to recruit its next Director Central Route Charges Office & Finance
2021/08/03 | AEROCONTACT | AIR TRANSPORT

We are looking for a highly experienced senior manager with an excellent track record managing teams in large public or private sector organisations, and a minimum of ...

See also:


Pierre Teboul takes the lead of the sales of AFI KLM E&M
2021/09/16 | LE JOURNAL DE L'AVIATION | MAINTENANCE / MRO

Pierre Teboul is the new Sales Director of AFI KLM E&M (Air France Industries KLM Engineering & Maintenance) since September 1. He succeeded Fabrice Defrance, who has ...


China Airlines and AFI KLM E&M sign major GE90 engine support contract
2021/07/01 | LE JOURNAL DE L'AVIATION | MAINTENANCE / MRO

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has won an exclusive contract with China Airlines, entrusting it with the support of the GE90-115B wh...


AFI KLM E&M launches its A220 maintenance solutions
2021/05/06 | LE JOURNAL DE L'AVIATION | MAINTENANCE / MRO

AFI KLM E&M is ready to offer its services for the maintenance of the A220 fleet. The MRO arm of Air France-KLM has designed a comprehensive equipment support program...