Air France KLM - KLM state aid
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Paris, February 8, 2024
Air France-KLM and KLM take note of the judgment of the General Court of the European Union rendered on February 7th, 2024, annulling a 2021 Commission decision which approved various Dutch State aid measures during the Covid-19 crisis.
Air France-KLM and KLM will carefully study this judgment and assess its implications. They will consider whether to lodge an appeal on points of law before the Court of Justice of the European Union.
Air France-KLM reminds that KLM has fully repaid the loans granted under the Covid-19 Temporary Framework for State aid in June 2022, and that Air France-KLM complied with and fulfilled all exit requirements of all State aid granted under the Covid-19 Temporary Framework for State aid on April 19, 2023.
Investor Relations
Michiel Klinkers Marouane Mami
michiel.klinkers@airfranceklm.com marouane.mami@airfranceklm.com
Website: www.airfranceklm.com
Attachment