May 6, 2020 / 11:31 AM / 3 months ago

Dutch airline KLM has enough liquidity until mid-June- finance minister

AMSTERDAM, May 6 (Reuters) - KLM, the Dutch arm of Air France KLM, has enough liquidity to meet its financial obligations through mid-June, Finance Minister Wopke Hoekstra told a parliamentary committee on Wednesday.

The Dutch government is working out the details of an aid package of 2 billion to 4 billion euros ($2.2-4.3 billion) for the airline, which like other carriers ran into trouble due to the coronavirus pandemic.

The French state is preparing 7 billion euros in support for Air France. ($1 = 0.9255 euros) (Reporting by Anthony Deutsch, editing by Louise Heavens)

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