Investor Presentaiton
AIR FRANCE-KLM CONTINUED REDEEMING LIQUIDITY SUPPORT
WHILE MAINTAINING A SOLID CASH POSITION
2021-2022
Redemption of €4.9bn liquidity support rebalancing the Group's debt profile
December 2021
Redemption of €0.5bn of the bank loan guaranteed by the French State, "PGE", through liquidity
June 2022
€2.3bn Right issue, redeeming €1.6bn of the French State's perpetual hybrid instruments
June 2022
Full redemption of €0.9bn from KLM of the RCF and Dutch State Loan
July 2022
Quasi-equity financing for AF pool of spare engines resulting in €0.5bn proceeds. Fully allocated to further redeem the French State's perpetual
hybrid instruments
November 2022
Redemption of €1.0bn of the bank loan guaranteed by the French State, "PGE", through liquidity
Redemption of €0.3bn of the French State's perpetual hybrid instruments through Hybrid Convertible Bond emission
AIRFRANCE KLM
GROUP
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