Not the end of the tunnel, but a first glimmer of hope for Air France-KLM.
The air carrier, which has been in the red since the start of the health crisis, now sees the moment when it will return to the green.
“
The loss of cash should stop from the summer of 2021
.
We expect positive EBITDA in the third quarter,
”said its deputy managing director, Frédéric Gagey, at the group's general meeting on Wednesday.
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An improvement in results which is fueled by an expected take-off in traffic: Air France-KLM plans to rise to more than 50% of its program made in 2019. The group had made the same speech at the end of February when publishing its accounts for the 2020 financial year. However, many uncertainties (the too slow rate of vaccination, the poorly understood danger represented by the variants) could cast doubt on these forecasts at the time.
Today, they seem more concrete because the situation has emerged on the health front.
And the first
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