Air France-KLM launches a new capital increase to end the crisis

The Air France-KLM airline group announced on Tuesday the launch of a new capital increase of 2.

Air France-KLM launches a new capital increase to end the crisis

The Air France-KLM airline group announced on Tuesday the launch of a new capital increase of 2.26 billion euros, thus hoping to put an end to the Covid-19 crisis which had devastating effects on its activity and its finance.

The French and Dutch States wish to take part in this operation and keep the same level of capital, while the two other main shareholders, the Chinese companies China Eastern and the American company Delta Air Lines, will see their participation reduced in favor of a new entrant, the French shipowner CMA CGM which will invest up to 400 million euros, the company said in a press release.

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