France says Dutch move on Air France-KLM 'benefits nobody'

01 Mar, 2019

French Finance Minister Bruno Le Marie warned Thursday that the Dutch government's purchase of a major stake in Air France-KLM "benefits nobody", as investors braced for management turbulence at the airline. "It's not reasonable to remain in this situation, which benefits nobody - not Air France, not KLM, and not the airline as a whole," Le Maire told Public Senat television.
He will hold talks with Dutch Finance Minister in Paris on Friday to discuss the Netherlands' purchase of a 14 percent stake in the Franco-Dutch airline, just under the 14.3 percent already held by France.

Read Comments