Air France-KLM exercises full capital increase to €1.036bn

Air France-KLM has completed its upsized €1.036bn capital increase after the increase option was exercised in full. “The success of our capital increase and the renewed support of our main shareholders testify to the confidence of investors in the prospects of the Group, whose financial solidity has been strengthened thanks to these initial recapitalization measures,” said Air France-KLM Group CEO, Benjamin Smith. “All Air France-KLM management and employees are strongly committed to pursuing our transformation plan to work together to improve the competitiveness of the Group and its airlines, and to approach the recovery with determination and ambition when it