Global Analysis from the European Perspective. Preparing for the world of tomorrow

Coronavirus cost Air France-KLM up to €200 million

Air France-KLM has estimated a shortfall of between 150 and 200 million euros due to the suspension of its flights to China from February to April because of the spread of Coronavirus (Covid-19), the group announced on Thursday. “Under the assumption of a gradual resumption of operations as of April, Covid-19’s estimated impact on the operating result is -150 to -200 million euros between February and April,” the group announced in a statement. Source Brussels Times

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