PARIS – Air France-KLM lost 1.8 billion euros ($1.9 billion) in the first quarter, mostly just in a few weeks in March as travel restrictions grounded planes worldwide, and said Thursday that it will take several years to recover.

The partner airlines, which have already won billions of euros of bailout loans from the French and Dutch governments, forecast that the second quarter will be far worse, with traffic down 95%.

Air France-KLM predicted a slow resumption of activity over the summer, but estimated it would still be down 80% in the third quarter compared to previous years.

In a statement, the company forecast a “prolonged negative impact on passenger demand, not expected to recover to pre-crisis levels before several years.” Air

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Air France-KLM report $1.9 billion in losses, outlook grim

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