Government will not sell its share in KLM


The government is not going to sell its shareholding in KLM. That said Minister Wopke Hoekstra of Finance.

“I do not see the added importance of selling that 6 percent,” he said Friday after the Council of Ministers.

MPs Jan Paternotte (D66) and Gijs van Dijk (PvdA) stated earlier in the day on BNR radio that both the French and the Dutch state would have to divest its interest in aviation combination Air France-KLM or KLM. Thus, according to them, an uneven playing field is prevented.

With an interest of approximately 14 percent, the French government is the largest shareholder in Air France-KLM.

Over the past period, the government has worked for KLM CEO Pieter Elbers. He did not want to get a new deadline. “We have two weeks that are not easy”, said Hoekstra, who said he would continue to work for Dutch interests, and that will happen “sometimes emphatically”.

According to him it is especially important to ensure that Air France-KLM performs better in Europe. He understands that the company demands more in such a competitive environment in terms of cost efficiency and turnover, but at the same time it must go hand in hand with safeguarding Dutch interests.

By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to

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