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Air France-KLM Second Quarter 2021 results
July 30, 2021 01:15 ET | Source: AIR FRANCE - KLM AIR FRANCE - KLM
Adjusted operat
210 million euros
The Group’s results improved compared to last year; although still impacted by travel restrictions:
Revenue at 2,750 million euros, up 1,568 million compared to last year
Operating result at -752 million euros, up 801 million euros compared to last year
EBITDA loss reduced to -248 million euros
Net income at -1,489 million euros, including negative impact of the derecognition of the KLM ground pension fund
Restructuring programs showing improved results and structural benefits increased to 2.1 billion euros
The group increased its capital by 1 billion euros, converted the direct French State loan of 3 billion euros into perpetual hybrid instruments and issued a Senior bond of 800 million euros of which the cash will be received in the Third quarter