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Air France-KLM seeks to raise USD2.4B in new share issue

PARIS (AFP) – Air France-KLM yesterday announced a bid to raise EUR2.26 billion (USD2.4 billion) by issuing new shares, as the debt-laden company seeks to put the coronavirus crisis that has ravaged its finances behind it. The COVID-19 pandemic cost the Franco-Dutch airline some EUR11 billion (USD11.7 billion) over two years, after travel ground to
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