THE HAGUE: The Dutch government on Saturday (Sunday in Manila) suspended plans to help beleaguered national carrier KLM with a multi-billion-euro bailout package after unions declined to sign a deal involving a five-year pay-cut plan.
The move puts the future of the Dutch arm of Air France-KLM into jeopardy, with KLM saying it would not remain afloat without a massive government infusion to save the world’s oldest airline, now hit hard by the coronavirus pandemic.
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