Air France-KLM airline group is considering raising another EUR 6 billion in additional capital from the French and Dutch authorities and other investors. The French newspaper Le Monde reported this on the basis of initiates. The company has already received aid totalling EUR 10.4 billion from the French and Dutch States, both of which are shareholders of the airline combination.
According to Le Monde, a further EUR 4 billion of additional state aid could be added to this. It would be EUR 3 billion in aid from Paris and EUR 1 billion from The Hague. In addition, in the first quarter of 2021, the company would like to collect EUR 2 billion from investors, according to sources at Le Monde. Air France-KLM refused to comment on the message.
The French Finance minister Bruno Le Maire said that the French government is ready to provide more support to the company in order to get through the coronacrisis.