Airbus in great shape, Air France-KLM struggling.
After two years of an unprecedented crisis for aviation, the European aeronautics giant and the Franco-Dutch air carrier see the horizon clearing.
But these two actors are not taking off again at the same speed.
Airbus, which had lost more than 1 billion euros in 2020, returned to profit, with a record net profit, the best in its history, of 4.2 billion.
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It will therefore resume the payment of a dividend (1.50 euro), suspended last year.
For its part, Air France-KLM has certainly reduced its losses last year (3.3 billion) with an encouraging fourth quarter where it generated an operating profit of 178 million.
But, in two years, it has created an abysmal deficit of more than 10 billion.
The two groups are also in opposite financial situations.
Airbus did not need to take out a PGE (loan guaranteed by the State).
He only negotiated a $15 billion credit facility with his…
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