Dutch Government Approves KLM Bailout After Union Commitment
Credit: Nigel Howarth / Aviation Week
The Dutch government has given the go-ahead for a €3.4 billion ($4 billion) bailout to help KLM weather the COVID-19 crisis after pilots agreed to conditions set by the government, removing a last-minute obstacle to the funding. “The cabinet approves the restructuring plan set out by KLM, which...
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