February 18, 2021| 357 0

Air France-KLM’s 2020 Loss Exceeds $8.5 Billion

The Air France-KLM group released its annual financial results today for the full year 2020. As expected, the group posted a heavy net loss of €7.1 billion ($8.5billion). The group also reported a 59% fall in revenues and an overall drop in passenger numbers by around 67%. Another set of results and another devastating loss. Airlines around the worl …

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