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Airline KLM repays last of Dutch government loans

Airline KLM repays last of Dutch government loans
Airline KLM repays last of Dutch government loans Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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AMSTERDAM - Dutch airline KLM has paid back the last part of loans granted by the Dutch government during the COVID-19 pandemic, it said on Thursday.

The Dutch arm of airline group Air France-KLM said it had paid back 277 million euros ($289.2 million) after earlier repayments totalling 665 milion euros.

The airline had been given 942 million euros in loans by the Dutch state in 2020 as the pandemic crippled international travel.

($1 = 0.9577 euros)

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