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Billion support for Air France KLM | Financial

Minister Wopke Hoekstra (Finance) is expected to announce a support package for KLM on Friday evening.

Minister Wopke Hoekstra (Finance) is expected to announce a support package for KLM on Friday evening.

The Hague – Air France KLM receives billions in support from the Dutch and French governments. The cabinet supports the airline with an emergency package of between 2 and 4 billion euros. The package consists of guarantees and loans, Minister Hoekstra (Finance) said on Friday evening during a specially inserted press conference. Minister Van Nieuwenhuizen (Infrastructure) emphasized that strict conditions are attached to the support plan, such as limiting bonuses.

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