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Reuters exclusively reports France, Netherlands close to deal on KLM bailout 

Reuters exclusively reports France, Netherlands close to deal on KLM bailout 

Reuters exclusively reported that France and the Netherlands are close to an agreement on a Dutch Air France-KLM bailout contribution. Under the deal the Dutch government would unblock close to 4 billion euros ($4.5 billion) in guaranteed and direct loans to KLM and appoint a trustee to its board. The governments, which each own about 14% of Air France-KLM, unveiled 7 billion euros in French aid in April and a planned 2-4 billion from the Netherlands as the coronavirus crisis brought air travel to a near-halt.