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France and Netherlands pledge €11 billion in ’emergency aid’ to Air France-KLM

France and Netherlands pledge €11 billion in ’emergency aid’ to Air France-KLM

Written by George Taylor, April 25, 2020

KLM and AIR FRANCE aircraft at Amsterdam Airport Schiphol. © Capital Photos (for KLM) – Free of copyright for editorial use only / No syndication allowed (photo has been edited)

The government of France said that it will provide €7 billion in emergency COVID-19 aid to Air France-KLM. The Dutch national flag carrier, KLM, will also receive up to €4 billion from the government of the Netherlands. Dutch Finance Minister Wopke Hoekstra announced that the KLM aid package of up to €4 billion ($4.32 billion) […]

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