EC agrees to E3.4b bailout of Dutch airline KLM
The EC Monday said it had approved the E3.4b bailout package promised by the Dutch government to airline KLM last month. After months of wrangling with France over the role each country should play in a coronavirus rescue deal, the Netherlands said it would support the Dutch arm of Air France-KLM with E2.4b in bank loans with guarantees, and a E1b direct loan.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-07-14/sky/ec-agrees-to-e3-4b-bailout-of-dutch-airline-klm
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EC agrees to E3.4b bailout of Dutch airline KLM
The EC Monday said it had approved the E3.4b bailout package promised by the Dutch government to airline KLM last month. After months of wrangling with France over the role each country should play in a coronavirus rescue deal, the Netherlands said it would support the Dutch arm of Air France-KLM with E2.4b in bank loans with guarantees, and a E1b direct loan.<br/>
