Six billions for AF/KLM loan package is realistic


A loan of 6 billion euros to pilot airline Air France-KLM through the corona crisis is “realistic”. That said the French Secretary of State for Transport Jean-Baptiste Djebbari on the French news channel LCI.

Reuters news agency previously reported on the basis of insiders that the French-Dutch aviation combination is discussing emergency loans totaling EUR 6 billion. France and the Netherlands would like to guarantee that credit.

“You are talking about an amount that is not unrealistic, I can confirm,” said Djebbari when the French television channel asked him about that amount. He added that the French Ministry of Finance is still negotiating with the Netherlands for a support package for Air France-KLM.

By: Peretz M.

Peretz M. is an accomplished economist and financial journalist with a deep understanding of the global economy and financial markets. He is a regular contributor to EconomicInform, where he provides expert analysis and commentary on current economic trends and events. With a strong educational background in economics, Peretz has a talent for breaking down complex economic concepts for a general audience and is able to provide insightful perspectives on a wide range of economic issues.

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