Air France-KLM in talks on $7b cash raise: Le Monde
Air France-KLM is discussing plans to raise another E6b ($7.1b) from its two government shareholders and other investors, French newspaper Le Monde reported on Tuesday. The airline group, which received E10.4b in state-backed bailouts earlier this year, may soon receive another 4b from the governments, combining a capital injection and hybrid debt, the paper reported. It would then aim to raise a further E2b from investors later in Q1 2021, according to the report, which cited anonymous sources. Air France-KLM had no comment, a spokesman said. <br/>
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Air France-KLM in talks on $7b cash raise: Le Monde
Air France-KLM is discussing plans to raise another E6b ($7.1b) from its two government shareholders and other investors, French newspaper Le Monde reported on Tuesday. The airline group, which received E10.4b in state-backed bailouts earlier this year, may soon receive another 4b from the governments, combining a capital injection and hybrid debt, the paper reported. It would then aim to raise a further E2b from investors later in Q1 2021, according to the report, which cited anonymous sources. Air France-KLM had no comment, a spokesman said. <br/>
