Air France-KLM secured 7 billion euros ($7.6 billion) in French government aid on Friday, as the airline industry struggles to survive the coronavirus crisis that has all but halted passenger traffic across much of the world. France will issue 3 billion euros in loans as well as 90% guarantees on another 4 billion in bank lending to Air France, Finance Minister Bruno Le Maire said. The Dutch government said it was preparing a further 2-4 billion euros in aid to KLM.
