Dutch government takes stake in Air France KLM - finance minister

FILE PHOTO: The Air France-KLM company logo is seen during the company's half-year results in Paris, France, August 1, 2018. REUTERS/Benoit Tessier - Copyright Benoit Tessier(Reuters)

By Reuters

Published on 26/02/2019 - 21:34•Updated 20/04/2024 - 10:09

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THE HAGUE (Reuters) - The Dutch government will take a stake in Air France KLM equal to that of the French government to increase its influence in the carrier's business operations, Dutch Finance Minister Wopke Hoekstra said on Tuesday.

Hoekstra said the state has taken a stake of 12.7 percent for 680 million euros (584 million pounds) and aims to increase that to about 14 percent.