Air France-KLM Said to Consider Capital Increase in 2014

Air France-KLM Group, Europe’s largest airline, is looking to raise capital before year-end to boost its share equity, people familiar with the plan said.

The airline would probably choose a public share offering, said one of the people, who asked not to be identified as the discussions are private. The increase may have a value of about 1 billion euros ($1.36 billion), French newspaper La Tribune reported today, citing people it didn’t identify.