In 2020, KLM found itself facing a crisis caused by the Covid-19 pandemic. The Dutch government came to our rescue by providing us with a support package that consisted of a €1 billion direct loan and a guarantee on a €2.4 billion credit facility. …

KLM is in the worst crisis of its 101 years of existence. COVID-19 has undermined the good results of recent years. In order to secure the future of the company and its network for the Netherlands, the loan and government guarantees on bank loans …