Air France KLM

Air France-KLM suffers a huge loss in a pandemic year

Paris (AP) -Air France-KLM suffered a loss of € 7.1 billion ($ 8.5 billion) in 2020, when a global pandemic landed a plane and stopped travel plans around the world, 67% of passengers Has decreased. French and Dutch aviation giants.

2020 tested the Air France-KLM Group in the most serious crisis the air transport industry has ever experienced, CEO Ben Smith said Thursday.

Last year, the French and Dutch governments pledged billions of aid to help airlines survive the cruel reduction in air traffic caused by the coronavirus.

According to Smith, airlines have also adjusted their flight schedules to carry more cargo to compensate for the decline in bookings.

Revenues fell 60.4% to € 9.2 billion.

Carriers are now seeking improvement in 2021, as soon as large-scale vaccinations have begun and borders are reopened, Smith said.

Pieter Elbers, CEO of KLM, called 2020 a very difficult year and said it was a pain to have to say goodbye to more than 5,000 dedicated colleagues and workers in 2020. Said.

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