Tisdag 13 Maj | 08:54:10 Europe / Stockholm

Kalender

Est. tid*
2025-11-06 07:00 Kvartalsrapport 2025-Q3
2025-07-31 07:00 Kvartalsrapport 2025-Q2
2025-06-04 N/A Extra Bolagsstämma
2025-06-04 N/A Årsstämma
2025-04-30 - Kvartalsrapport 2025-Q1
2025-03-06 - Bokslutskommuniké 2024
2024-11-07 - Kvartalsrapport 2024-Q3
2024-07-25 - Kvartalsrapport 2024-Q2
2024-06-05 - Extra Bolagsstämma
2024-06-05 - Årsstämma
2024-04-30 - Kvartalsrapport 2024-Q1
2024-02-29 - Bokslutskommuniké 2023
2023-10-27 - Kvartalsrapport 2023-Q3
2023-08-31 - Split AF 10:1
2023-07-28 - Kvartalsrapport 2023-Q2
2023-06-07 - Extra Bolagsstämma
2023-06-07 - Årsstämma
2023-05-04 - Kvartalsrapport 2023-Q1
2023-02-17 - Bokslutskommuniké 2022
2022-10-28 - Kvartalsrapport 2022-Q3
2022-07-29 - Kvartalsrapport 2022-Q2
2022-05-24 - Extra Bolagsstämma
2022-05-24 - Årsstämma
2022-05-05 - Kvartalsrapport 2022-Q1
2022-02-17 - Bokslutskommuniké 2021
2021-10-29 - Kvartalsrapport 2021-Q3
2021-07-30 - Kvartalsrapport 2021-Q2
2021-05-26 - Extra Bolagsstämma
2021-05-26 - Årsstämma
2021-05-06 - Kvartalsrapport 2021-Q1
2021-02-18 - Bokslutskommuniké 2020
2020-10-30 - Kvartalsrapport 2020-Q3
2020-07-31 - Kvartalsrapport 2020-Q2
2020-05-31 - Kvartalsrapport 2020-Q1
2019-05-28 - Extra Bolagsstämma
2019-05-28 - Årsstämma
2023-03-15 18:00:00

Paris, 15 March 2023

Air France-KLM today announced the full repayment of its bank loan guaranteed by the French State (“PGE”), making a final step towards the full repayment of States support liquidity measures.

  • Air France-KLM has fully repaid the remaining €2.5 billion from its initial
    €4 billion Bank loan guaranteed by the French State, granted during the Covid-19 crisis.
  • The Group’s solid cash position combined with the €1 billion proceeds of the Sustainability-Linked Bond issued in January 2023, has enabled to accelerate and close the repayment in full of the outstanding “PGE”.
  • This full repayment will contribute to smoothing the Group’s debt profile, reduce financial costs and limit residual exposure to floating rates.

In 2022, Air France-KLM recorded a strong rebound of its revenues, an improved operating result and a positive net income resulting in a strong cash position of €10.6 billion by the end of 2022. On the back of this robust operational performance, the Group successfully issued in January 2023 an inaugural Sustainability-Linked Bond for a total aggregate amount of €1.0 billion.

Given this context, Air France-KLM has now reached an agreement with the French State and the syndicate of nine banks participating in the “PGE” to proceed with the full repayment of the outstanding €2.5 billion, as announced during the FY 2022 results presentation on February 17th, 2023. To do so, the Group used the €1.0 billion proceeds of the Sustainability-Linked Bond and €1.5 billion of its available cash. This full repayment will contribute to smoothing the Group’s debt profile, reduce financial costs and limit residual exposure to floating rates, and marks a final step towards the full repayment of the current French State liquidity support measures.

Investor Relations                                                        

Michiel Klinkers                                Marouane Mami                                

                                                     

michiel.klinkers@airfranceklm.com                mamami@airfranceklm.com

Website: www.airfranceklm.com