Air France KLM draws 1.1 billion euros of revolving credit facility
PARIS- Air France KLM announced that it had drawn down on 1.1 billion euros of its revolving credit facility to aid its financial position.
Air France KLM is one of the many airlines globally to face a hit due to the coronavirus outbreak.
“The Air France-KLM Group therefore now has more than 5.5 billion euros of total liquidity immediately available to meet possible changes in the environment.”
– Air France KLM
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.