Air France-KLM recapitalisation coming in ‘days or weeks, not months’: CFO

    Air France-KLM CFO Frederic Gagey said the timing of the company’s recapitalisation scheme will take place in “days or weeks, not months”, adding: “We aren’t in a situation that is too difficult, we still have time” (Bloomberg, 18-Feb-2021). As previously reported by CAPA, the group holds EUR9.8 billion in liquidity and credit lines at its disposal as of 31-Dec-2020.

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