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Dutch hydrogen capsule project targets 2028 EIS

Dutch hydrogen capsule project targets 2028 EIS

by Richard Schuurman | Jun 13, 2022 | Aerospace | 0 comments

UPDATE – A consortium in The Netherlands has received financial backing to develop a hydrogen-based regional turboprop aircraft that should be available in 2028. An artist graphic indicates that the project is based on De Havilland Canada Dash 8-400, which would...
Air France-KLM plans to raise 2.3 billion through rights issue

Air France-KLM plans to raise 2.3 billion through rights issue

by Richard Schuurman | May 24, 2022 | Airlines | 0 comments

UPDATE – On the day of its Annual General Meeting in Paris, Air France-KLM announced its long-awaited rights issue. The airline group plans to issue 1.928 million new shares and raise €2.256 billion in fresh capital, of which €400 million will come from French...
Air France-KLM redeems 500 million from state aid package

Air France-KLM redeems 500 million from state aid package

by Richard Schuurman | Dec 13, 2021 | Airlines | 0 comments

Air France-KLM is following in the footsteps of Lufthansa by repaying its loans and reducing net debt. The airline has redeemed €500 million of the €4.0 billion that was provided earlier this year by a syndicate of nine banks and guaranteed by the French state or...

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