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KLM Gets EU Blessing For Dutch Emergency Aid
Tuesday, July 14, 2020 - 12:31pm | 582The European Union on Monday approved a 3.4 billion-euro ($3.8 billion) financial support package, backed by the Netherlands government, to help national champion KLM get through the coronavirus crisis. The Dutch aid is on top of 7 billion euros ($7.9 billion) in funding granted earlier this year...
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What Air France-KLM's Bid For Malaysian Airlines Stake Could Mean For Delta
Tuesday, January 21, 2020 - 11:30am | 468Delta Air Lines, Inc. (NYSE: DAL) traded down 1.8% Tuesday shortly after its global affiliates announced a bid for an embattled airline. In an early round of bidding against other international airlines, Air France-KLM proposed to buy a 49% stake in Malaysia Airlines. Its pitch outlined plans for a...