Introduction
After the initial corona dip and my bearish article, where I advised not to buy Air-France KLM(OTCPK:AFRAF), the stock has vastly underperformed indexes and its competitors. In my latest article I wrote:
'In my opinion, the risk-reward ratio of Air-France KLM is not worthy of any investor's money; there are much better airlines available.' ~Air-France KLM: Cheap But Very Risky
Both the French and Dutch government have finalized their plans to save respectively Air-France and KLM. But I remain bearish on the company, I will explain in this write-up why so.