Airlines
Dutch Government Backs $3.8 Billion Support Package for KLM
A new credit facility and loan for KLM has been agreed almost two months after sister company Air France got state aid.

KLM is to receive a €3.4 billion ($3.8 billion) financial support package backed by the Dutch government to help it recover from the dramatic fall in revenues resulting from the Covid-19 pandemic. The loans were announced on Friday after being agreed by the board of the airline’s Air France-KLM Group parent late on June 25.