Dutch Government Buys Stake In Air France-KLM, Says Minister

The Netherlands has bought a 12.68 percent stake in Air France-KLM in a bid to strengthen its influence in the troubled airline, the Dutch finance minister said Tuesday.

By Rejoice Ewodage

Updated February 26, 2019

Dutch Minister of Finance Wopke Hoekstra speaks to the press at the Ministry of Finance in The Hague on February 26, 2019. The Dutch State has acquired a 12.68 percent interest in the Air France-KLM holding company. Lex van Lieshout / ANP / AFP

Dutch Minister of Finance Wopke Hoekstra speaks to the press at the Ministry of Finance in The Hague on February 26, 2019. The Dutch State has acquired a 12.68 percent interest in the Air France-KLM holding company.
Lex van Lieshout / ANP / AFP

The Netherlands has bought a 12.68 percent stake in Air France-KLM in a bid to strengthen its influence in the troubled airline, the Dutch finance minister said Tuesday.

“The aim is to eventually get to a position equal to that of the French state,” finance minister Wopke Hoekstra told a press conference in The Hague.