massive redeployment of Air France capacities” to overseas territories to compensate for lines still closed for health reasons, according to the daily Le Monde. The two companies estimate the additional seat capacity offered by Air France overseas at the equivalent of three large daily jets compared to pre-Covid years.. Air Caraibes and Corsair estimate the reduction in prices caused by this overcapacity to be between 100 and 300 euros., which did not allow them to pass on the increase in the price of kerosene, more paid in dollars, which appreciated strongly against the euro. They believe that their competitor’s strategy is “partly financed by the use of state aid received during the crisis”. For two years, France and the Netherlands paid 16,65 billion euros to Air France-KLM in the form of direct loans, bank loans guaranteed by the State and capital increase.
