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Published 2 years ago

Air France KLM is a rights problem, 2.3 billion euros

Summary by Ground News
CEO Ben Smith said the move was part of efforts to "strengthen our financial autonomy" and regain strategic and operational flexibility. The second capital hike in as many years brings Europe's second largest airline closer to repaying government pandemic support. Airline partners China Eastern Airlines and Delta Air Lines will see their stakes reduced, however.

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