World News

Air France KLM says it needs government support to continue operations

PARIS (Reuters) – Air France KLM said that despite cost-cutting measures to stave off the impact of the coronavirus crisis, it expects it will be short of cash in the third quarter, but said it was confident that the French and Dutch governments would support the group.

“It is now clearer than ever that support from both Dutch and French governments is needed to meet our cash requirements and enable us to continue our operations once the crisis is over,” Air France-KLM CEO Benjamin Smith said in a statement.

(Reporting by Geert De Clercq; Editing by Chizu Nomiyama)