Messy Air France-KLM rescue has lessons for others

Messy Air France-KLM rescue has lessons for others edwardcropley

Air France-KLM on April 24 secured 7 billion euros in French government aid to help Air France survive the coronavirus crisis, which has grounded airline fleets across the world.

The French government will issue a 3 billion euro loan directly to Air France-KLM and Air France, and underwrite 90% of a 4 billion euro loan from commercial banks, the airline said.

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