Air France-KLM Launches $2.4B Capital Increase

Air France-KLM
Credit: J Poulssen / Alamy Stock Photo
PARIS—Air France-KLM has launched a €2.256 billion ($2.4 billion) rights issue to repay pandemic-related state aid, in an operation which will see the French state remain as its largest shareholder with 28.6% and the Netherlands keeping its 9.3% holding. The airline group will issue 1.93 million new...

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