Faced with the uncertainty about the evolution of the Covid-19 pandemic, the airline company Air France has revised its operational forecasts downwards: it would only offer 20% of the planned capacities in June and 40% in July.
Losing 25 million euros per dayThe group Air France-KLM requested a rapid injection of funds in addition to loans for 6 billion euros negotiated with the French and Dutch states. But operationally, 90% of the fleet is grounded and the two airlines only offer skeletal flight programs (the low cost subsidiary Transavia has suspended all its operations). Given the lack of certainty as to the evolution of the health crisis and the market, the CEO of the group Benjamin Smith therefore had to revise downward the forecast of offers in the coming months: he declared during a videoconference "with the pilots" that the seat offer for the month of June 2020 will not exceed 20% of what was planned at the start of the year; it would in the best case be 40% in July, 60% in August "before reaching 75% in the fourth quarter at best ”. Like more and more of his counterparts, Benjamin Smith believes that it will take anyway two years before returning to pre-pandemic traffic levels.
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