According to several media reports published on 22 and 23 April, the Franco-Dutch airline Air France-KLM will be receiving a bail-out to the tune of approximately €12 billion in aid.
The reports state that France will be paying roughly €10 billion, while the Netherlands will be writing a less generous cheque, for €2 billion to €3 billion euros.
The airline's management confirmed to the French Senate on Wednesday 22 April that Air France would “need cash in the third quarter of...