European MRO AFI KLM E&M has slumped to a €318 million Q2 loss, due to a fall in both third party and in-house maintenance requirements. “Revenue highly declined in all three main businesses”, Air France KLM said in its results presentation. `’In the second quarter, all clients of the E&M business have been impacted by the Covid-19 crisis resulting in a sharp decrease of revenues. Operating costs have been reduced in the second quarter 2020 by a reduced maintenance activity level, partial activity pay schemes for employees and other initiated cost savings measures. A firm made a €210 million provision

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