The Dutch government has reached a deal with France to contribute 3.4 billion euros ($3.8 billion) to an Air France-KLM bailout that had strained relations between the airline group's state shareholders, sources told Reuters.
AMSTERDAM/PARIS - The Dutch government has reached a deal with France to contribute 3.4 billion euros to an Air France-KLM bailout that had strained relations between the airline group’s state shareholders, sources told Reuters.
Air France-KLM and the French finance ministry declined to comment, but the Dutch finance ministry later announced a Friday morning news conference to “detail the financial aid package for KLM”. A statement that briefly appeared on the group website also mentioned its 3.4 billion-euro value. Instead, the agreement would involve the appointment of a non-voting government observer to ensure taxpayers’ bailout money is strictly reserved for KLM operations, the sources said.
Prior to the pandemic, a specially convened intergovernmental group had reported no progress on issues that included Dutch demands for board seats and greater KLM autonomy from its parent group.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
France, Netherlands reach deal on 3.4 bln KLM bailout: company, ministerThe Dutch finance minister said on Thursday the government will hold a news conference on Friday to release details of an aid package agreed by France and the Netherlands on his country's contribution to bail out Air France-KLM .
Lire la suite »
Pilots in Pakistan air crash distracted by coronavirus concerns, aviation minister saysThe pilots of a Pakistan airliner that crashed last month, killing 97, were distracted and preoccupied as they talked about the coronavirus pandemic while preparing for an initial failed attempt to land, the country's aviation minister says.
Lire la suite »
Pilots in Pakistan air crash distracted by coronavirus worry, minister saysThe pilots of a Pakistan airliner that crashed last month, killing 97, were distracted and preoccupied as they talked about the coronavirus pandemic while preparing for an initial failed landing bid, the country's aviation minister said on Wednesday.
Lire la suite »
Pakistan air crash probe shows pilots' wrong doingPakistan International Airlines plane came down among houses on May 22 after both engines failed as it approached Karachi airport, killing all but two people on board.
Lire la suite »
Does Air Conditioning Relief For Summer Heat Make Coronavirus Worse?Summer is here but so is coronavirus. Is air conditioning making things worse?
Lire la suite »