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"It is possible to recapitalize" Air France affirms Djebbari

2020-11-10T07:50:43.316Z


“ The share of debt at Air France KLM is very high. If Air France KLM needs equity, it is possible to recapitalize, it is necessary to find ratios which are normally accepted by the markets ”, indicated this morning Jean-Baptiste Djebbari, Minister Delegate to the Minister for Ecological Transition, in charge of des Transports, on BFM Business. The latter assured of “ the power of support of the F


The share of debt at Air France KLM is very high.

If Air France KLM needs equity, it is possible to recapitalize, it is necessary to find ratios which are normally accepted by the markets

”, indicated this morning Jean-Baptiste Djebbari, Minister Delegate to the Minister for Ecological Transition, in charge of des Transports, on BFM Business.

The latter assured of “

the power of support of the French State and not only for Air France KLM.

We have granted loans to Air France KLM, it is possible that there will be a recapitalization,

”he insists.

He specifies that "

the French and Dutch governments are in negotiations (...) We are considering taking a stake in the airline

", he adds.

"

We look at it in an honest and lucid way,

" said the minister.

Regarding Air France, “

you have to have a very clear strategy

,”

he

underlines.

He does not rule out the scenario of new "

acquisitions

" or a new "

grand strategy around the home network

".

As a state shareholder, "

we have an interest in having strategic assets

," he further emphasizes.

Source: lefigaro

All news articles on 2020-11-10

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