Netherlands puts KLM bailout on hold after pilots reject wage freeze


The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air France-KLM, after pilots rejected a wage-freeze until 2025, Finance Minister Wopke Hoekstra said. KLM had been due to receive a 3.4-billion-euro ($4.

0 billion) package, including one billion euros in direct loans. from the government to help it cope with the damage from the coronavirus pandemic. "I find it very disappointing, but this way we cannot move forward with the loan now," Hoekstra told journalists. The pilots' union.....

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