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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
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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.

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