May 24, 2022 SOURCE: AFP
Air France-KLM seeks to raise $2.4 bn in new share issue
Air France-KLM on Tuesday announced a bid to raise 2.26 billion euros ($2.4 bn) by issuing new shares, as the debt-laden company seeks to put the coronavirus crisis that has ravaged its finances behind it.
The Covid-19 pandemic cost the Franco-Dutch airline some 11 billion euros ($11.7 billion) over two...
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