France to give ‘massive’ support to Air France-KLM

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The French government is prepared to provide “massive support” to Air France KLM to help the French-Dutch air carrier make it through the downturn, France’s finance minister Bruno Le Maire has told the France 2 television station.

Air France is losing billions of euros per month. Air France is not going to need a boost, but rather massive support from the state the French Minister said.

Adding that Air France will get this support from the state, we want to save at all costs this French industrial champion.

Le Maire added that other big companies, such as the aeronautical engineer Airbus, need help too.

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