KLM cash management and financing.
There have been discussions between Air France-KLM Group and KLM Supervisory Board about KLM cash management and financing which is a technical issue. Same discussions have been held with Air France.
Technical guidelines on KLM, with no excess cash transfer, have been endorsed yesterday by the KLM Supervisory Board and will be implemented under the Air France-KLM Group supervision and leadership.
The coordination in Air France-KLM Group financing is thus enhanced, which is beneficial for both Air France-KLM and its two airlines.
|Air France Press Office:
+33 1 41 56 56 00
|KLM Press Office:
+31 20 6494545