The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the ...
The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the finance minister said on Thursday.Share this contentPARIS: The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the finance minister said on Thursday.
French website La Tribune has since reported that the group was seeking up to 10 billion euros, and nearly 8 billion specifically for Air France.The 20 billion euros in state bailout funds are part of a broader 110 billion euro package of economic rescue measures, which also includes tax and payroll charge deferrals and funding for state-subsidised furloughs.
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