BRUSSELS, April 6 (Reuters) – The European Commission approved on Tuesday a French proposal to grant up to 4 billion euros ($4.72 billion) to recapitalise virus-hit Air France KLM in return for judi bola giving up to 18 slots per day at Paris Orly airport to a rival carrier.
The EU executive said France will have to present an exit strategy for imfbet99 the airline within 12 months unless it has reduced the state stake to below 25% by then.
It said Air France KLM will be banned from paying dividends, judi bola non-mandatory coupon payments, making share buybacks and giving out bonus payments to management until the recapitalisation is redeemed.
($1 = 0.8470 euros) (Reporting by Foo Yun Chee)
