World, As Seen from the most beautiful islands: Ireland and Cyprus

Air France-KLM requests another six billions from the governments


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.

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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