France Doesn’t Intend to Exit Air France-KLM Capital: APE Head

An Air France aircraft, operated with sustainable aviation substance (SAF) produced by TotalEnergies, is refueled earlier its archetypal formation from Nice to Paris astatine Nice airport, France connected Oct. 1, 2021. (Eric Gaillard/Reuters)

PARIS—France doesn’t mean to exit the superior of airline institution Air France-KLM successful the coming years, Martin Vial, caput of the French authorities shareholding bureau APE, said connected Tuesday.

Vial besides told reporters that the French authorities could instrumentality portion successful immoderate caller cognition involving Air France-KLM’s capital.

The logo of Air France KLM Group is pictured connected the archetypal Air France airliner’s Airbus A350 during a ceremonial astatine the craft builder’s office of Airbus successful Colomiers adjacent Toulouse, France connected Sept. 27, 2019. (Regis Duvignau/Reuters)

France has a 28.60 percent involvement successful Air France-KLM, according to information from Refinitiv.

Air France-KLM CEO Ben Smith said past period the institution was looking astatine raising caller funds soon aft completing a stock contented earlier this year, bolstered by a affirmative inclination successful bookings since the United States announced it would reopen to European travelers.