Exclusive: France, Netherlands close to deal on KLM bailout – sources

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Under the deal, which could be announced as soon as Thursday evening or Friday morning, the Dutch government would unblock close to 4 billion euros ($4.5 billion) in guaranteed and direct loans to KLM and appoint a non-voting trustee to its board, the sources said.

An Air France-KLM spokeswoman was not immediately available for comment.