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Air France-KLM Gets $4.7 Billion State Aid in Survival Step

  • French government could raise its holding to just under 30%
  • EU forces carrier to give up 18 daily slots at Paris-Orly
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Air France to Receive $4.7 Billion in French Recapitalization
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Air France-KLM will receive as much as 4 billion euros ($4.7 billion) in a French rescue plan that may not be enough to see the embattled carrier through the still-raging pandemic.