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Air France KLM SA (AIRF.PA)

AIRF.PA on Paris Stock Exchange

3.86EUR
6 Aug 2020
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Fri, Jul 31 2020

UPDATE 1-Air France-KLM ready for more network cuts if recovery lags

PARIS, July 31 Air France-KLM is ready to cut capacity by more than the previously announced 20% if the coronavirus recovery falls short of expectations, Chief Executive Ben Smith said on Friday.

KLM says 1,500 new layoffs to bring total job cuts to 20%

AMSTERDAM KLM, the Dutch arm of Air France-KLM, said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus crisis.

KLM CEO says company will repay 3.4 billion euro coronavirus loans

AMSTERDAM The chief executive of Air France-KLM's Dutch arm said on Friday the company would repay the 3.4 billion euros ($4.0 billion) in emergency government-backed loans it was taking on during the coronavirus crisis, rather than needing fresh equity.

KLM CEO says company will repay 3.4 bln euro coronavirus loans

AMSTERDAM, July 31 The chief executive of Air France-KLM's Dutch arm said on Friday the company would repay the 3.4 billion euros ($4.0 billion) in emergency government-backed loans it was taking on during the coronavirus crisis, rather than needing fresh equity.

Air France-KLM ready for deeper contraction if recovery lags

PARIS, July 31 Air France-KLM is ready to cut capacity by more than the previously announced 20% if the coronavirus recovery falls short of expectations, Chief Executive Ben Smith said on Friday.

KLM says 1,500 new layoffs to bring total job cuts to 20%

AMSTERDAM KLM, the Dutch arm of Air France-KLM , said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus crisis.

UPDATE 1-KLM says 1,500 new layoffs to bring total job cuts to 20%

AMSTERDAM, July 31 KLM, the Dutch arm of Air France-KLM, said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus crisis.

KLM says 1,500 new job cuts will bring total reduction to 20%

AMSTERDAM, July 31 KLM, the Dutch arm of Air France-KLM, said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus outbreak.

Dutch airline KLM to lay of 1,100 -NOS

AMSTERDAM, July 30 The Dutch subsidiary of Air France-KLM will lay off 1,100 workers as part of a restructuring after the coronavirus crisis, national broadcaster NOS reported on Thursday, citing sources familiar with the company's plans.

UPDATE 1-Air France-KLM plans 'careful' ramp-up after Q2 loss

PARIS, July 30 Air France-KLM said on Thursday it aims to operate at two-thirds of capacity before the end of the year, as it navigates the effects of the coronavirus crisis that led to a 1.55 billion euro ($1.8 billion) quarterly operating loss.

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