Amstelveen – June 26th 2020 - KLM announces that it has secured financing for a total amount of EUR 3.4 billion. COVID-19 has caused aviation to virtually come to a standstill worldwide in recent months. The pandemic has an unprecedented …

KLM today signed a 665 million euros standby revolving credit facility with 12 international banks, finalizing the early refinancing of its credit facility, which was due to mature in July 2020.

There have been discussions between Air France-KLM Group and KLM Supervisory Board about KLM cash management and financing which is a technical issue. Same discussions have been held with Air France.