Air France-KLM to raise 1 billion euros via share issue

Home > News
By KateHughes in News
Updated 3 years ago

France is bailing out stricken Air France-KLM via a one billion euro share issue that will more than double its stake in the airline to nearly 30% while its Dutch co-owners ruled out taking part in the refinancing, terms of a proposed capital increase showed on Monday.

air-france-klm-to-raise-1-billion-euros-via-share-issue