French state to double Air France stake, RTL radio reports
The French government plans to inject E4 to 5b into Air France and to double the state’s 14% stake in the airline next spring, RTL radio reported on its website on Monday. The government said last month it would continue to support Air France-KLM if necessary, following a report that the company was discussing plans to raise another E6b from its two government shareholders and other investors. The company received E10.4b in state-backed bailouts from France and the Netherlands this year to help it cope with the impact of the coronavirus pandemic.<br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2020-12-08/sky/french-state-to-double-air-france-stake-rtl-radio-reports
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French state to double Air France stake, RTL radio reports
The French government plans to inject E4 to 5b into Air France and to double the state’s 14% stake in the airline next spring, RTL radio reported on its website on Monday. The government said last month it would continue to support Air France-KLM if necessary, following a report that the company was discussing plans to raise another E6b from its two government shareholders and other investors. The company received E10.4b in state-backed bailouts from France and the Netherlands this year to help it cope with the impact of the coronavirus pandemic.<br/>
