France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, three sources with knowledge of the matter ...
France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, three sources with knowledge of the matter told Reuters on Thursday.
FILE PHOTO: KLM airline airplanes are seen parked, as Schiphol Airport reduces its flights due to the coronavirus disease outbreak, in Amsterdam, Netherlands April 2, 2020. REUTERS/Piroschka van de Wouw/File PhotoAMSTERDAM/PARIS: France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution, three sources with knowledge of the matter told Reuters on Thursday.
Under the deal, which could be announced as soon as Thursday evening or Friday morning, the Dutch government would unblock close to 4 billion euros in guaranteed and direct loans to KLM and appoint a non-voting trustee to its board, the sources said.Source: Reuters
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