Air France-KLM stock price jumps 9% on 3.4 billion euro bailout package

By: Invezz

Shares of Air France-KLM (EPA: AF) soared 9% this morning after reports emerged that the Dutch government would provide 3.4 billion euros ($3.8 billion) for the Dutch part of the Air France-KLM business.  Fundamental analysis: KLM gets a bailout, Ryanair protests The Dutch government has agreed to provide 3.4 billion euros ($3.8 billion) in aid for its part in the Air France-KLM business, Reuters reported. According to the agreement, 2.4 billion euros will be given in loans with guarantees, in addition to 1 billion euros in direct loans. As a result, the embattled carrier will now receive more than 10

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