Air France-KLM and aircraft maker tipped to get loan injection from France
Manufacturer Airbus and the airline will be among the first in line for government support, insiders say
22 March 2020 - 18:24
Air France-KLM and Airbus are poised to tap French government-backed loans as the coronavirus outbreak drains corporate cash reserves, according to people familiar with the matter.
With the aviation industry among sectors most under pressure from the pandemic, the airline and aircraft maker, based in Paris and Toulouse, respectively, will be among the first firms to receive French support, according to the people, who asked not to be named discussing private negotiations...
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